Reckitt Benckiser Buys Back Shares to Boost Capital

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group has repurchased 146,000 of its ordinary shares to be held in treasury, as part of a strategy authorized by shareholders earlier this year. The shares were bought at a volume-weighted average price of 4,754.56 pence, impacting the total number of voting rights in the company to 688,393,884. This move reflects Reckitt’s ongoing efforts to manage its capital structure effectively.

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