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Reece Limited

ASX Announcements

Final Director's Interest Notice L.A. Wilson

Final Director’s Interest Notice

Change of Director's Interest Notice A.Mentis

Change of Director’s Interest Notice

Change of Director's Interest Notice - G.Street

Change of Director’s Interest Notice

Change of Director's Interest Notice R.McEwan

Change of Director’s Interest Notice

Dividend/Distribution - REH

Dividend Record Date, Dividend Pay Date, Dividend Rate

View all REH announcements

October 2024

BHP and ANZ director Christine O’Reilly; Macquarie Group director Rebecca McGrath and AUB chair and CBA director Peter Harmer.

2024’s most powerful and influential directors revealed

As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.

Peter Wilson, CEO of plumbing giant Reece.

CEO son crowned head of Rich List family’s $18b plumbing empire

Owners of Australia’s largest plumbing empire, the Wilsons are less known but in the same wealth echelon as the Pratts, and son Peter is about to take charge.

August 2024

Lendlease chief executive Tony Lombardo’s strategy reset for the property giant is off to a solid start.

Lendlease’s calm after the storm heads Monday’s results highlights

A few months is a long time for a CEO – just ask Lendlease, Suncorp or Ampol, businesses changing rapidly. Here is Chanticleer’s take on the day’s earnings calls.

July 2024

Richard White’s WiseTech has always been profitable.

Nation’s richest boss ‘can’t find anything to invest in’ but WiseTech

This year’s list is stacked with tech founders such as Richard White – and shows how divorces can force bosses down the ranks.

Rich bosses: Richard White, Andrew Forrest, and Peter Wilson.

The 10 wealthiest executives in the ASX 300 revealed

The Australian Financial Review’s Rich Bosses list for 2024 is dominated by tech and mining executives and also welcomes a new face.

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May 2024

Platypus Asset Management’s head of investment, Prasad Patkar.

The Aussie stock picks that made this fund a top 10

Platypus Asset Management’s Prasad Patkar names Reece among the $5 billion money manager’s key investment calls. But he’s wary of BHP’s big M&A bet.

Retiring Reece chair lists $12m family mansion in South Yarra

Melbourne-based Reece chair Tim Poole and his wife Jane have listed their South Yarra home, Atherley, after 24 years owning the Italianate mansion.

March 2024

Jamie Pherous is the enigmatic founder of Corporate Travel Management.

Corporate Travel and Reece trip up traders in wild reporting season

They are two very different companies. But the difference between earlier remarks and their final results set the scene for massive share price swings.

February 2024

The plumbing supplies business Tradelink will be put up for sale.

Fletcher Building anoints sell-side adviser for Tradelink

The construction company, which trades on both the New Zealand and Australian stock exchanges, has appointed Miles Advisory to oversee the process.

Altium chief executive Aram Mirkazemi and his board signed a $9.1 billion takeover a fortnight ago.

What we learnt from Altium, Reece, Helia and G8 Education’s results

Altium’s lucky cushion, Reece’s big run, Helia keeps rising and G8 Education pumps up prices.

Fletcher Building stares at ratings cut after heavy first-half loss

The ailing building materials group fell to a large first-half loss, leading Moody’s to review its investment grade rating. Its chief executive is also leaving.

January 2024

Andrew Mitchell, the co-founder of Ophir Asset Management and an expert small-cap stockpicker recently confessed on social media that his biggest mistake was to spend too much time and energy analysing one particular stock.

Fund managers reveal their big investment mistakes

Successful investing is as much about avoiding these common mistakes as it is picking winners, fundies say.

August 2023

TMS Capital’s Ben Clark.

This fundie is betting on Goodman despite the REITs crunch

TMS Capital portfolio manager Ben Clark also shares why Wesfarmers is really a play on lithium and why he sold out of Reece despite its gaining traction in the US.

July 2023

WiseTech Global co-founder Richard White lives in a self-powered mansion in Sydney’s Bexley.

The 10 wealthiest executives in the ASX 300 revealed

The Australian Financial Review’s Rich Bosses list for 2023 is dominated by mining and technology executives, and includes a displacement at the top spot.

June 2023

The Porter Davis name has come off building sites and new names, such as Simonds and Metricon, will go up.

Simonds and Metricon pick up Porter Davis jobs worth $350m

The home-building company failed owing 1455 unsecured creditors a total of $71.5m. They are unlikely to receive any repayment, say liquidators Grant Thornton.

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February 2023

Reece is a big player in bathroom renovations.

Bathroom renovators put the brakes on

Reece Group, which sells bathtubs, basins and taps, is expecting volumes to keep softening this year after hefty interest rate rises.

September 2022

Melanie Wilson is the chairman of Baby Bunting, and is also on the board of JB Hi-Fi. Both companies were named in CEW survey as having zero women in the C-suite.

Shame file companies tout wave of women outside C-suite

Chief Executive Women’s new survey, done in partnership with Bain & Co, found multiple well-known names have zero women in high-ranking executive roles. But the targeted groups say it lacks merit.

August 2022

5 stocks to soar as recession risk softens.

Buy, hold, sell: five stocks to watch as recession risk softens

Several leading economists have announced that the risk of recession is finally rolling over. Today we’re going to be taking a look at some of the stocks that could benefit if that truly is the case.

March 2022

Reece entered the US in a big way in 2018, when it paid $1.9 billion for a bathroom showrooms owner MORSCO.

Reece mulls trip to the US for water distribution bolt-on deal

Fund manager favourite Reece Ltd is believed to be plumbing the United States for a new business that it could add to its $3.5 billion a year American operations. 

September 2021

Rob Scott

Tech, online retail buck flat investment trend

Chief executives have curbed expectations for continued strengthening in business investment as technology and online retail companies go it alone.

Original URL: https://www.afr.com/company/reh-1au