Reckitt (GB:RKT) has released an update.
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Reckitt Benckiser Group plc has purchased 128,000 of its own shares, a move that will see these shares held in treasury. The buyback was part of a plan authorized by shareholders earlier this year and was executed at a volume-weighted average price of 4,565.11 pence per share. Post-transaction, the company’s treasury holds over 44 million shares, with the total number of voting rights set at 691,805,498.
For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.