Reece Ltd (ASX: REH) Share Price and News

Price

$16.20

Movement

0.21 (+1.31%)

as at 9 May - Closed (20 mins delayed)

52 Week Range

$13.38 - $29.38

 
1 Year Return

-41.52%

Reece Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.46 billion
P/E Ratio 26.73
Dividend Yield 1.55%
Shares Outstanding 645.98 million
Earnings per share 0.584
Dividend per share 0.24
Year To Date Return -28.26%
Earnings Yield 3.74%
Franking 100%
Share Price

$16.20

Day Change

0.21 (+1.31%)

52 Week Range

$13.38 - $29.38

Yesterday's Close

$15.99

Today's Open

$16.19

Days Range

$16.12 - $16.38

Volume

487,757

Avg. Volume (1 month)

878,384

Turnover

$7,918,174

as at 9 May - Closed

Reece Ltd (ASX: REH)
Latest News

A woman looks unsure as she ladles mixture into a pan surrounded by small appliances
Earnings Results

Reece share price spikes 4% despite 'year of disruption'

Reece posted earnings after the close yesterday.

Read more »

A woman uses her mobile phone to make a purchase.
Broker Notes

2 ASX 200 shares set to soar if we manage to avoid a recession: experts

Could lithium and building supplies stocks be set to gain if recession fears fade?

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A trendy woman wearing sunglasses splashes cash notes from her hands.
Share Market News

Here are the top 10 ASX 200 shares today

It was a great day on the market for these ASX 200 shares.

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A cute little kid in a suit pulls a shocked face as he talks on his smartphone.
Investing Strategies

$250m to $9 billion: The phone call that revealed what makes multi-bagger ASX shares

A fund manager remembers how a telephone conversation as a young analyst in the 1990s forever shaped his investment strategy.

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Three young women sit side by side each holding large hamburgers with the lot skewered with bamboo sticks in their two hands with wide, happy smiles on their faces as they look at their hamburgers just before they are about to tuck into them.
Opinions

Why cheap hamburgers could give beginner ASX share investors food for thought

Warren Buffett’s food advice could have important implications for investing in today’s markets.

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Opinions

2 All Ords ASX shares I think are underrated buys right now

There are some great ASX opportunities hidden in plain sight right now…

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Man looks shocked as he works on laptop on top a skyscraper with stockmarket figures in graphic behind him.
Broker Notes

9 ASX 200 shares now trading at 'significant discounts': broker

Top broker Goldman Sachs has revealed its top picks among the battered ASX 200 shares.

Read more »

A businessman in soft-focus holds two fingers in the air in the foreground of the shot as he stands smiling in the background against a clear sky.
Broker Notes

Buy these 2 ASX shares on sale right now: top broker

A top broker has revealed two ASX shares which have fallen heavily but look like good buys.

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Broker Notes

The next ASX share ready to join the 20-bagger club: expert

One professional breaks down what 'hall of fame' stocks have in common, and names one that has massive potential to…

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Broker Notes

Top brokers name 3 ASX shares to sell next week

Brokers aren't feeling overly positive on these shares...

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Broker Notes

Leading brokers name 3 ASX shares to sell today

Here’s why brokers aren’t feeling positive about these ASX shares…

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Growth Shares

Are ASX growth shares still worth holding in 2022?

ASX growth shares: Will they still be all the rage in 2022?

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Frequently Asked Questions

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
18 Mar 2025 $0.0650 100.00% Interim 02 Apr 2025
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.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
1st May 2025 2025-05-01T09:07:40 Change of Director's Interest Notice A.MentisYesNo9:07am21.2M
4th Mar 2025 2025-03-04T14:01:23 Final Director's Interest Notice L.A. WilsonYesNo2:01pm21.3M
4th Mar 2025 2025-03-04T13:58:38 Change of Director's Interest Notice A.MentisYesNo1:58pm21.2M
28th Feb 2025 2025-02-28T14:45:09 Change of Director's Interest Notice - G.StreetYesNo2:45pm21.2M
28th Feb 2025 2025-02-28T14:43:34 Change of Director's Interest Notice R.McEwanYesNo2:43pm21.2M
24th Feb 2025 2025-02-24T07:43:19 Dividend/Distribution - REHYesNo7:43am414k
24th Feb 2025 2025-02-24T07:42:49 HY25 Investor PresentationYesNo7:42am299.7M
24th Feb 2025 2025-02-24T07:39:54 HY25 Results AnnouncementYesNo7:39am4442k
24th Feb 2025 2025-02-24T07:36:14 Half Yearly Report and AccountsYesNo7:36am211M
3rd Feb 2025 2025-02-03T12:16:41 Initial Director's Interest Notice G.StreetYesNo12:16pm2183k

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.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
09 May 2025 $16.20 $0.21 1.31% 487,757 $16.19 $16.38 $16.12
08 May 2025 $15.99 $0.38 2.43% 668,600 $15.75 $15.99 $15.56
07 May 2025 $15.61 $-0.16 -1.01% 911,983 $15.78 $15.82 $15.43
06 May 2025 $15.77 $-0.39 -2.41% 768,878 $16.15 $16.20 $15.75
05 May 2025 $16.16 $-0.06 -0.37% 671,585 $16.44 $16.59 $16.16
02 May 2025 $16.22 $-0.09 -0.55% 824,236 $16.25 $16.59 $16.21
01 May 2025 $16.31 $0.54 3.42% 739,754 $15.76 $16.36 $15.76
30 Apr 2025 $15.77 $0.08 0.51% 1,961,241 $15.70 $16.13 $15.54
29 Apr 2025 $15.69 $0.00 0.00% 558,628 $15.44 $15.71 $15.44
28 Apr 2025 $15.69 $0.18 1.16% 541,761 $15.77 $15.99 $15.67
24 Apr 2025 $15.51 $0.00 0.00% 517,195 $15.49 $15.75 $15.44
23 Apr 2025 $15.51 $0.44 2.92% 778,683 $15.50 $15.84 $15.39
22 Apr 2025 $15.07 $-0.33 -2.14% 938,264 $15.24 $15.45 $14.82
17 Apr 2025 $15.40 $0.16 1.05% 1,151,669 $15.15 $15.46 $15.00
16 Apr 2025 $15.24 $-0.56 -3.54% 783,019 $15.67 $15.70 $15.20
15 Apr 2025 $15.80 $-0.41 -2.53% 940,409 $16.12 $16.12 $15.80
14 Apr 2025 $16.21 $0.54 3.45% 852,566 $16.03 $16.26 $15.74
11 Apr 2025 $15.67 $-0.36 -2.25% 802,108 $15.62 $15.91 $15.48
10 Apr 2025 $16.03 $1.24 8.38% 1,315,909 $16.50 $16.65 $15.56

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
28 Apr 2025 Angela Mentis Buy 2,000 $31,480
On-market trade.
27 Feb 2025 Ross McEwan Buy 30,000 $541,841
On-market trade.
27 Feb 2025 Angela Mentis Buy 2,500 $43,750
On-market trade.
25 Feb 2025 Gavin Street Transfer 23,000 $418,600
Off-market transfer. Assuming off market transfer of shares
25 Feb 2025 Gavin Street Buy 2,237 $41,026
On-market trade.
25 Feb 2025 Gavin Street Transfer 23,000 $418,600
Off-market transfer.
17 Dec 2024 Leslie Wilson Transfer 2,000,000 $47,480,000
Off-market transfer.
17 Dec 2024 Peter Wilson Transfer 2,000,000 $47,480,000
Off-market transfer.
24 Oct 2024 Peter Wilson Issued 234,699 $5,738,390
Issue of securities. 818,361 Rights, As per announcement on 24-10-2024
24 Oct 2024 Sasha Nikolic Issued 84,491 $2,065,804
Issue of securities. 84,491 Rights
13 Sep 2024 Sasha Nikolic Buy 350 $9,569
On-market trade.

Directors & Management Data provided by Morningstar.

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.
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.
Mr Gavin W Street Non-Executive Director Dec 2008
Mr Street has more than 18 years in executive roles and is currently the CCO of Vulcan Steel Limited (ASX:VSL; NZX:VSL), responsible for the companys commercial activities. Prior to joining Vulcan, Gavin was the CEO and Managing Director at Lawerence & Hanson Australia. From 2008 to 2021, Gavin held various leadership roles at Reece Limited, CEO of Australia and New Zealand (ANZ), Group CFO and Company Secretary.
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.
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.
Ms Sasha Nikolic Managing DirectorPresident Jul 2024
--
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.
Ms Chantelle Duffy Company Secretary Jul 2020
-
Andrew Young Chief Financial Officer (CFO) and Chief Financial Officer Australia and New Zealand (ANZ CFO)
-
Chantelle Duffy Company Secretary
-
Chip Hornsby Executive Chair United States
-

Top Shareholders Data provided by Morningstar.

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%

Profile

since

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