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Reckitt Announces Director Shareholdings Changes Under Deferred Bonus Plan

Story Highlights
  • Reckitt granted conditional share awards to executives under its Deferred Bonus Plan.
  • The share awards align executive interests with company performance, impacting shareholder value.
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Reckitt Announces Director Shareholdings Changes Under Deferred Bonus Plan

An announcement from Reckitt ( (GB:RKT) ) is now available.

Reckitt Benckiser Group PLC announced changes in shareholdings for its directors and persons discharging managerial responsibilities under its Deferred Bonus Plan. Conditional share awards were granted to key executives, including CEO Kris Licht, CFO Shannon Eisenhardt, and President of Nutrition Susan Sholtis, with shares set to vest in three years. The announcement reflects Reckitt’s ongoing commitment to aligning executive interests with company performance, potentially impacting shareholder value and executive retention strategies.

More about Reckitt

Reckitt is a global company dedicated to providing high-quality hygiene, health, and nutrition products. It is known for its trusted consumer brands such as Dettol, Durex, Enfamil, and Lysol. The company focuses on ensuring access to hygiene, wellness, and nourishment as a right for all, with a commitment to consumer and partner success.

YTD Price Performance: 7.47%

Average Trading Volume: 1,421,686

Technical Sentiment Signal: Sell

Current Market Cap: £35.49B

See more data about RKT stock on TipRanks’ Stock Analysis page.

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