Reckitt (GB:RKT) has released an update.
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Reckitt Benckiser Group PLC has successfully bought back 155,000 of its own shares at prices ranging from 4,534.00 to 4,615.00 pence per share, averaging at 4,571.22 pence, as per the authority given by shareholders. These repurchased shares will be kept in treasury, with the company now holding over 42 million treasury shares and maintaining around 694 million shares with voting rights. This strategic move aims to manage share capital effectively, possibly signaling confidence in the company’s financial health and future prospects.
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