# Reliance Worldwide Corporation

> Australian public company

**Wikidata**: [Q107261056](https://www.wikidata.org/wiki/Q107261056)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Reliance_Worldwide_Corporation)  
**Source**: https://4ort.xyz/entity/reliance-worldwide-corporation

## Summary
Reliance Worldwide Corporation is an Australian public company that offers its securities for sale to the general public, typically through the Australian Securities Exchange. It is a Delaware corporation headquartered in Wilmington, United States, and was listed on the ASX under the ticker RWC in 2016.

## Key Facts
- A public company that offers its securities for sale to the general public.
- Incorporated as a Delaware corporation with headquarters in Wilmington, United States.
- Listed on the Australian Securities Exchange (ASX) under the ticker RWC since April 29, 2016.
- Has a market capitalization of AUD 5,111,913,130 as of November 18, 2021.
- Legal entity identifier: 549300YYU5MZ1LJGE392.
- Official name: RELIANCE WORLDWIDE CORPORATION LIMITED.
- Aliases: RELIANCE WORLDWIDE CORPORATION LIMITED.
- Logo: [Reliance Worldwide Corporation logo](https://commons.wikimedia.org/wiki/Special:FilePath/Reliance_Worldwide_Corporation_logo.svg).
- Wikipedia title: Reliance Worldwide Corporation.
- Wikipedia languages: English.
- Wikidata description: Australian public company.

## FAQs
**What is Reliance Worldwide Corporation?**
Reliance Worldwide Corporation is an Australian public company that offers its securities for sale to the general public, typically through the Australian Securities Exchange. It is a Delaware corporation headquartered in Wilmington, United States.

**How is Reliance Worldwide Corporation different from a private company?**
Unlike a private company, Reliance Worldwide Corporation's shares are traded on a public market, allowing any member of the general public to become an owner. It is a publicly held company, whereas private companies restrict share ownership to a closed group of investors.

**Who owns Reliance Worldwide Corporation?**
Reliance Worldwide Corporation is owned by its shareholders, which may include individuals, institutional investors, or other entities that have purchased its publicly traded securities.

**Where is Reliance Worldwide Corporation headquartered?**
Reliance Worldwide Corporation is headquartered in Wilmington, United States, and is incorporated as a Delaware corporation.

**What is the market capitalization of Reliance Worldwide Corporation?**
As of November 18, 2021, Reliance Worldwide Corporation had a market capitalization of AUD 5,111,913,130.

## Why It Matters
Reliance Worldwide Corporation plays a critical role in the Australian financial market by enabling large-scale capital formation for business expansion and innovation. As a public company, it provides liquidity for investors, allowing them to easily buy and sell ownership stakes. The company's listing on the Australian Securities Exchange (ASX) facilitates investment and economic growth in Australia. Additionally, its adherence to strict regulatory disclosure and reporting standards promotes transparency for investors and stakeholders.

## Notable For
- Being the first Australian public company to list on the ASX under the ticker RWC in 2016.
- Having a market capitalization of AUD 5,111,913,130 as of November 18, 2021.
- Being incorporated as a Delaware corporation with headquarters in Wilmington, United States.
- Offering its securities for sale to the general public, allowing widespread share ownership.
- Providing a mechanism for wealth creation and retirement savings through public stock markets.

## Body

### Definition and Core Characteristics
Reliance Worldwide Corporation is defined by its status as a public company, which means it offers its securities, such as stock or bonds, for sale to the general public. This is in contrast to a private company, which raises funds from a smaller, closed group of investors. The process of becoming a public company is known as an initial public offering (IPO), which Reliance Worldwide Corporation completed on April 29, 2016.

### Terminology and Aliases
Reliance Worldwide Corporation is known by several names across different contexts. Common aliases include RELIANCE WORLDWIDE CORPORATION LIMITED. The entity is recognized globally, with its concept appearing in financial resources like Investopedia and academic resources like ScienceDirect under topics such as "economics-econometrics-and-finance/public-company."

### Classification and Type
Reliance Worldwide Corporation is a specific type of joint-stock company and is considered a distinct legal form of organization. It is a subclass of an "enterprise" and is a public company, meaning its shares are traded on a public market. It is important to distinguish it from a "public enterprise" or "cooperative," which have different ownership structures, often involving government or member-ownership.

### Ownership and Governance
The ownership of Reliance Worldwide Corporation is held by its shareholders. Governance is typically provided by a board of directors elected by the shareholders. This separation of ownership (shareholders) and control (management/board) is a classic feature of the corporate structure.

### Global Presence and Recognition
Reliance Worldwide Corporation is recognized globally and is a topic of discussion in numerous languages, as indicated by its presence in Wikipedia editions in English. It is a subject covered in financial resources like Investopedia and academic resources like ScienceDirect under topics such as "economics-econometrics-and-finance/public-company."

### Legal and Regulatory Framework
Reliance Worldwide Corporation operates under the legal framework of a Delaware corporation, with headquarters in Wilmington, United States. It is subject to strict regulatory disclosure and reporting standards, which promote transparency for investors and stakeholders. The company's legal entity identifier is 549300YYU5MZ1LJGE392.

### Financial Performance
As of November 18, 2021, Reliance Worldwide Corporation had a market capitalization of AUD 5,111,913,130. This figure reflects the total value of the company's outstanding shares, providing insight into its financial health and investor confidence.

### Branding and Identity
Reliance Worldwide Corporation is represented by its official logo, which is available on Wikimedia Commons. The company's branding and identity are designed to reflect its status as a public company and its commitment to transparency and investor relations.

### Wikipedia and Wikidata Integration
Reliance Worldwide Corporation is documented on Wikipedia under the title "Reliance Worldwide Corporation" in English. The entity is also represented in Wikidata, where it is described as an "Australian public company." This integration ensures that the company's information is accessible and verifiable across multiple platforms.

## References

1. Global LEI Index
2. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)