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Reckitt ( (GB:RKT) ) has issued an update.
Reckitt Benckiser Group PLC announced the repurchase of 77,500 of its ordinary shares from HSBC Bank plc, following shareholder approval granted at the Annual General Meeting in May 2024. The shares, bought at a volume-weighted average price of 5,032.69 pence, will be held in treasury, increasing the company’s treasury shares to 50,813,715 while the total shares in issue stand at 685,721,464. This transaction impacts the total number of voting rights in the company, which shareholders can use to assess their interest under the FCA’s Disclosure Guidance and Transparency Rules.
More about Reckitt
Reckitt Benckiser Group PLC is a multinational consumer goods company operating in the health, hygiene, and nutrition sectors. It is known for producing and marketing a wide range of products, including well-known brands in household cleaning, over-the-counter pharmaceuticals, and infant nutrition.
YTD Price Performance: 3.75%
Average Trading Volume: 1,613,919
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £34.39B
For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.
