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Reckitt Announces Share Buyback and Treasury Update
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Reckitt Announces Share Buyback and Treasury Update

Reckitt (GB:RKT) has released an update.

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Reckitt Benckiser Group plc has announced the buyback of 87,300 of its own shares at a volume-weighted average price of 4,097.07 pence each, which will be held in treasury. Following this transaction, the Company’s total number of shares in treasury stands at 38,946,005, with 697,589,174 shares remaining in issue. This move may influence shareholders’ notification requirements concerning their interest in the Company.

For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.

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