Reckitt (GB:RKT) has released an update.
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Reckitt Benckiser Group PLC has repurchased 102,056 of its own shares for treasury, with prices ranging between 4,524.00 to 4,573.00 pence per share, reflecting a strong move to manage its equity structure. The transaction follows the authorization from the company’s Annual General Meeting and reduces the number of shares in circulation, potentially impacting shareholder value. Post-purchase, Reckitt holds over 44 million shares in treasury, with the total voting rights in the company remaining at 692,358,498.
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