Reckitt ( (GB:RKT) ) just unveiled an update.
Reckitt Benckiser Group PLC announced the repurchase of 75,000 of its ordinary shares from HSBC Bank plc, as part of a buyback program authorized by shareholders. The shares, purchased at prices ranging from 5,200.00 to 5,274.00 pence, will be held in treasury, affecting the total number of voting rights and shares in issue. This transaction is part of Reckitt’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, primarily focusing on health, hygiene, and home products. The company is known for its diverse range of products, including well-known brands in cleaning, personal care, and over-the-counter pharmaceuticals.
YTD Price Performance: 8.01%
Average Trading Volume: 1,419,461
Technical Sentiment Signal: Sell
Current Market Cap: £35.71B
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