tiprankstipranks

Reckitt Benckiser Executes Share Buyback, Adjusts Voting Rights

Story Highlights
Reckitt Benckiser Executes Share Buyback, Adjusts Voting Rights

The latest announcement is out from Reckitt ( (GB:RKT) ).

Reckitt Benckiser Group PLC has repurchased 71,744 of its ordinary shares from HSBC Bank plc, as part of a buyback program authorized by shareholders. This transaction increases the company’s treasury shares to 53,121,181, impacting the total number of voting rights, which now stands at 683,413,998, potentially affecting shareholder notifications under regulatory rules.

More about Reckitt

Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and nutrition products. It is known for its well-established brands and has a significant market presence globally.

YTD Price Performance: 6.23%

Average Trading Volume: 1,482,632

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £35.09B

For an in-depth examination of RKT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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