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Reckitt Announces Share Buyback to Enhance Treasury Holdings
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Reckitt Announces Share Buyback to Enhance Treasury Holdings

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

Reckitt Benckiser Group plc has announced the repurchase of 77,000 of its ordinary shares from HSBC Bank plc, as part of a shareholder-authorized buyback program. The shares, purchased at an average price of 5,000.48 pence each, will be held in treasury, increasing the company’s treasury holdings to 50,339,934 shares. This transaction affects the total number of voting rights, now standing at 686,195,245, which stakeholders can use to assess changes in their interests in compliance with FCA rules.

More about Reckitt

YTD Price Performance: 2.42%

Average Trading Volume: 1,629,581

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £33.97B

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

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