3 stories mentioning ASX:RIVUpdated 42d ago
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Rivco Australia (ASX:RIV) has extended its on-market share buyback program, according to a Monday filing with the Australian bourse.The company has proposed to repurchase up to 15.6 million securities, per the filing.The extended program will start on Monday and run until June 21, 2027, the filing said.
Rivco Australia (ASX:RIV) appointed Chair Brendan Rinaldi as executive chairman for a period of 12 months, effective June 22, according to a Wednesday filing with the Australian bourse.The executive chairman role is intended to be temporary, with the board expected to reassess the company's leadership structure within the next 12 months as it defines its next phase of growth, the filing said.Vivienne Brand has been appointed as deputy chair during this period, the filing added.The company's shares shed 1% in recent Wednesday trade.
Rivco Australia (ASX:RIV) signed a five-year water lease agreement valued at around AU$11.7 million with Kyndalyn Park, a wholly owned subsidiary of Select Harvests (ASX:SHV), strengthening its long-term water access arrangements, according to a Wednesday filing with the Australian bourse.The agreement covers a mix of water entitlement zones and is scheduled to start on July 1, per the filing.The company expects this long-term agreement to expand its lease portfolio and strengthen its contracted revenue base, with about 82% of its portfolio by value leased from July 1, following execution of the deal, the filing added.Rivco Australia's shares gained about 2% in recent Wednesday trade, while Select Harvests' shares added 1%.
