Reckitt (GB:RKT) has released an update.
Reckitt Benckiser Group PLC has announced the buyback of 105,190 of its ordinary shares on October 11, 2024, as part of a repurchase program agreed upon at their Annual General Meeting. The shares, bought through Numis Securities Limited, will be held in treasury, affecting the total number of voting rights in the company. This strategic move reflects the company’s ongoing efforts to manage its capital and could potentially signal confidence to its investors.
For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.
