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Reckitt Announces Share Buyback of 75,000 Ordinary Shares
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Reckitt Announces Share Buyback of 75,000 Ordinary Shares

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The latest announcement is out from Reckitt ( (GB:RKT) ).

Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares from HSBC Bank plc, as part of a shareholder-approved buyback program. The shares, acquired at a volume-weighted average price of 4,830.13 pence, will be held in treasury, bringing the total number of shares in treasury to 49,759,692. This move affects the total number of voting rights to 686,775,487, influencing shareholder interest notifications under FCA rules.

More about Reckitt

Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing primarily on health, hygiene, and home products. The company is known for its extensive range of products including household cleaning agents, personal care items, and over-the-counter pharmaceuticals. It has a significant global market presence and is a key player in its sector.

YTD Price Performance: -6.37%

Average Trading Volume: 1,747,224

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £33.27B

Find detailed analytics on RKT stock on TipRanks’ Stock Analysis page.

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