Reckitt Benckiser Executes Share Buyback Plan

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group plc has successfully bought back 87,900 of its own shares at a volume-weighted average price of 4,195.81 pence each, with the transaction carried out through J.P. Morgan Securities plc. The repurchased shares will be kept in treasury, resulting in a total of 38,858,705 treasury shares and leaving 697,676,474 ordinary shares in issue. This buyback reflects the company’s use of shareholder-approved authority to manage share capital effectively.

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