Reece Ltd (ASX: REH) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Reece Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$15.87 billion
P/E Ratio
43.88
Dividend Yield
0.88%
Shares Outstanding
645.98 million
Earnings per share
0.650
Dividend per share
0.26
Year To Date Return
19.38%
Earnings Yield
2.28%
Franking
100%
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Reece Ltd (ASX: REH)
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The income investor's guide to Reece Ltd
Frequently Asked Questions
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Yes. Traditionally, Reece pays two fully franked dividends a year, in March and October. It does not offer a dividend reinvestment plan (DRP).
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Formed in 1920, Reece listed on the ASX on 1 January 1974.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 08 Oct 2024 | $0.1775 | 100.00% | Final | 23 Oct 2024 |
| 27 Mar 2024 | $0.0800 | 100.00% | Interim | 10 Apr 2024 |
| 10 Oct 2023 | $0.1700 | 100.00% | Final | 25 Oct 2023 |
| 21 Mar 2023 | $0.0800 | 100.00% | Interim | 05 Apr 2023 |
| 11 Oct 2022 | $0.1500 | 100.00% | Final | 26 Oct 2022 |
| 28 Mar 2022 | $0.0750 | 100.00% | Interim | 12 Apr 2022 |
| 12 Oct 2021 | $0.1200 | 100.00% | Final | 27 Oct 2021 |
| 29 Mar 2021 | $0.0600 | 100.00% | Interim | 15 Apr 2021 |
| 06 Oct 2020 | $0.0600 | 100.00% | Final | 28 Oct 2020 |
| 17 Mar 2020 | $0.0600 | 100.00% | Interim | 26 Mar 2020 |
| 08 Oct 2019 | $0.1425 | 100.00% | Final | 30 Oct 2019 |
| 19 Mar 2019 | $0.0600 | 100.00% | Interim | 28 Mar 2019 |
| 09 Oct 2018 | $0.1425 | 100.00% | Final | 25 Oct 2018 |
| 19 Mar 2018 | $0.0600 | 100.00% | Interim | 29 Mar 2018 |
| 10 Oct 2017 | $0.0000 | 100.00% | Final | 26 Oct 2017 |
| 15 Mar 2017 | $0.2900 | 100.00% | Interim | 30 Mar 2017 |
| 10 Oct 2016 | $0.6500 | 100.00% | Final | 27 Oct 2016 |
| 15 Mar 2016 | $0.2700 | 100.00% | Interim | 24 Mar 2016 |
| 01 Oct 2013 | $0.4100 | 100.00% | Final | 24 Oct 2013 |
| 06 Mar 2006 | $0.1400 | 100.00% | Interim | 24 Mar 2006 |
| 29 Sep 2005 | $0.2600 | 100.00% | Final | 20 Oct 2005 |
| 04 Mar 2004 | $0.0900 | 100.00% | Interim | 25 Mar 2004 |
REH ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Reece Ltd
Reece Ltd (ASX: REH) is a supplier of plumbing, bathroom, heating ventilation, and air-conditioning products. The company's activities include importing, wholesaling, distribution, marketing, and retailing.
It supplies customers in the trade, retail, professional and commercial markets in Australia, New Zealand, and the US. Its plumbing and bathroom products are sourced both locally and internationally and can be found in more than 600 locations across Australia.
REH Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 15 Nov 2024 | $24.50 | $0.44 | 1.83% | 448,055 | $24.04 | $24.59 | $23.94 |
| 14 Nov 2024 | $24.06 | $0.20 | 0.84% | 272,163 | $24.00 | $24.20 | $23.70 |
| 13 Nov 2024 | $23.86 | $-0.09 | -0.38% | 476,257 | $23.58 | $23.92 | $23.46 |
| 12 Nov 2024 | $23.95 | $0.28 | 1.18% | 392,141 | $23.84 | $24.55 | $23.70 |
| 11 Nov 2024 | $23.67 | $-0.13 | -0.55% | 329,139 | $23.69 | $23.82 | $23.53 |
| 08 Nov 2024 | $23.80 | $0.52 | 2.23% | 719,175 | $23.56 | $24.06 | $23.45 |
| 07 Nov 2024 | $23.28 | $0.22 | 0.95% | 435,847 | $22.90 | $23.44 | $22.75 |
| 06 Nov 2024 | $23.06 | $0.43 | 1.90% | 746,483 | $22.98 | $23.06 | $22.63 |
| 05 Nov 2024 | $22.63 | $-0.27 | -1.18% | 250,005 | $22.68 | $22.76 | $22.54 |
| 04 Nov 2024 | $22.90 | $0.22 | 0.97% | 313,009 | $22.91 | $23.08 | $22.60 |
| 01 Nov 2024 | $22.68 | $-0.13 | -0.57% | 370,239 | $22.76 | $22.83 | $22.47 |
| 31 Oct 2024 | $22.81 | $-0.04 | -0.18% | 480,330 | $22.75 | $22.86 | $22.57 |
| 30 Oct 2024 | $22.85 | $-0.36 | -1.55% | 516,657 | $23.11 | $23.17 | $22.60 |
| 29 Oct 2024 | $23.21 | $-0.29 | -1.23% | 648,989 | $23.87 | $23.91 | $23.21 |
| 28 Oct 2024 | $23.50 | $-0.21 | -0.89% | 455,842 | $23.73 | $24.03 | $23.47 |
| 25 Oct 2024 | $23.71 | $-0.74 | -3.03% | 696,561 | $24.49 | $24.51 | $23.49 |
| 24 Oct 2024 | $24.45 | $-2.11 | -7.94% | 1,085,124 | $25.01 | $25.58 | $24.13 |
| 23 Oct 2024 | $26.56 | $0.16 | 0.61% | 304,915 | $26.55 | $26.70 | $26.26 |
| 22 Oct 2024 | $26.40 | $-0.70 | -2.58% | 288,801 | $26.90 | $26.95 | $26.18 |
| 21 Oct 2024 | $27.10 | $0.53 | 1.99% | 283,681 | $26.86 | $27.25 | $26.68 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 24 Oct 2024 | Peter Wilson | Issued | 234,699 | $5,738,390 |
Issue of securities. 818,361 Rights, As per announcement on 24-10-2024
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| 24 Oct 2024 | Sasha Nikolic | Issued | 84,491 | $2,065,804 |
Issue of securities. 84,491 Rights
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| 13 Sep 2024 | Sasha Nikolic | Buy | 350 | $9,569 |
On-market trade.
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| 16 Apr 2024 | Karen Penrose | Buy | 1,110 | $29,859 |
On-market trade.
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| 24 Nov 2023 | Leslie Wilson | Transfer | 1,000,000 | $18,831,000 |
Off-market transfer.
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Ross Maxwell McEwan | Non-Executive Director | Oct 2024 |
Mr McEwan has more than 30 years of experience, holding executive roles in the financial services industry including as the CEO and Managing Director of National Australia Bank from 2019 until April 2024 and Group CEO of the Royal Bank of Scotland (RBS) from 2013 to 2019. Prior to this, he held executive roles at Commonwealth Bank of Australia, First NZ Capital Securities and National Mutual Life Association of Australasia / AXA New Zealand. He is currently a Non-Executive Director of BHP. Ross is also on the Board of QinetiQ Group plc, Ruminant Biotech Corp Limited, and Ruminant Biotech Australia Pty Ltd. Ross is also a Director of the Massey University Foundation Board.
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| Mr Leslie Alan Wilson | Executive Director | Jun 1969 |
Mr LWilson has had nearly 61 years of experience working in plumbing distribution and is has worked 51 years at Reece as General Manager, Deputy Chairman and Managing Director.
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| Mr Peter John Wilson | Executive DirectorChief Executive OfficerExecutive Chairman | Feb 1997 |
Mr Wilson has more than 26 years of experience working with Reece, commencing his career in branch before being Marketing Manager, General Manager Operations and then Chief Operating Officer in 2005.
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| Ms Megan Louise Quinn | Non-Executive Director | Sep 2017 |
Ms Quinn has more than 26 years of experience in retail, advertising, marketing, publishing, supply chain and finance, having worked in senior executive and consulting roles in Australia and internationally. She has held a senior executive and Non-Executive Director roles, including at Harrods and zipMoney Limited. She is also a member of the Risk Committee.
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| Mr Bruce C Wilson | Non-Executive Director | Sep 2016 |
Mr Wilson has more than 20 years of experience in the plumbing industry working at Wilson Sheet Metals, a manufacturer of rainwater products and accessories for trade customers.
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| Mr Andrew William Wilson | Non-Executive Director | Sep 2018 |
Mr Wilson has more than 21 years of experience in finance with national and multi-national companies in Australia and abroad including senior roles in the fields of audit and risk management, tax and treasury. He is also member of the Risk Committee.
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| Ms Sasha Nikolic | Managing DirectorPresident | Jul 2024 |
--
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| Ms Angela Mentis | Non-Executive Director | Nov 2024 |
Ms Mentis has more than 30 years experience in executive roles in the financial services industry, including being responsible for the digital and data strategy at National Australia Bank from 2021 to 2023, and as Chief Executive Officer of the Bank of New Zealand from 2018 to 2021. Angela brings strategic expertise in large scale customer and culture transformations, with a focus on digital, data, technology, innovation, people and culture. Angela is currently a Director and Chair of the Audit, Risk and Compliance Committee at FirstCape Group Limited, based in New Zealand. Angela has also held previous directorship roles including Bank of New Zealand.
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| Ms Chantelle Duffy | Company Secretary | Jul 2020 |
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| Andrew Young | Chief Financial Officer (CFO) and Chief Financial Officer Australia and New Zealand (ANZ CFO) |
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| Chantelle Duffy | Company Secretary |
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| Chip Hornsby | Executive Chair United States |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| L.T. Wilson Pty Ltd | 157,200,000 | 24.33% |
| J P Morgan Nominees Australia Limited | 72,668,414 | 11.25% |
| L.T.W. Holdings Pty Ltd | 60,000,000 | 9.29% |
| HSBC Custody Nominees (Australia) Limited | 57,908,931 | 8.96% |
| Warramunda Investments Pty Ltd | 48,645,000 | 7.53% |
| Geronimo Custodian Pty Ltd | 26,580,080 | 4.11% |
| Glentemp Custodian Pty Ltd | 25,820,366 | 4.00% |
| Citicorp Nominees Pty Ltd | 18,715,916 | 2.90% |
| HSBC Custody Nominees (Australia) Limited Florizel Investments Pty Ltd | 16,801,600 | 2.60% |
| W.A.L. Investments Pty Ltd | 16,801,600 | 2.60% |
| J.G.W. Investments Pty Ltd | 16,801,600 | 2.60% |
| Austral Hardware Pty Ltd | 14,925,000 | 2.31% |
| Austral Hardware (Healesville) Pty Ltd | 12,000,000 | 1.86% |
| Addawarra Nominees Pty Ltd | 11,550,000 | 1.79% |
| Wilaust Holdings Pty Ltd | 8,730,000 | 1.35% |
| Australian Foundation Investment Company Limited | 5,940,000 | 0.92% |
| BNP Paribas Nominees Pty Ltd (Agency Lending DRP A/C) | 5,875,591 | 0.91% |
| Argo Investments Ltd | 5,114,741 | 0.79% |
| John G. Wilson | 4,671,819 | 0.72% |
| BNP Paribas Nominees Pty Ltd | 3,480,611 | 0.55% |
