Reckitt Benckiser Enhances Shareholder Value with Share Buyback
Company Announcements

Reckitt Benckiser Enhances Shareholder Value with Share Buyback

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group has repurchased 107,000 of its ordinary shares at an average price of 4,647.70 pence per share. The acquired shares will be held in treasury, impacting the total number of voting rights available to shareholders. This move is a strategic effort to manage the company’s share capital and potentially enhance shareholder value.

For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.

Related Articles
Sirisha BhogarajuReckitt and Abbott Shares Rally on Baby Formula Lawsuit Win
TheFlyAbbott, Mead Johnson secure win in infant formula trial, Reuters reports
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App