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Reckitt ( (GB:RKT) ) has provided an announcement.
Reckitt Benckiser Group PLC announced the repurchase of 79,500 of its ordinary shares, following shareholder approval granted in May 2024. The shares were bought at prices ranging from 4,931 to 5,044 pence per share and will be held in treasury. This transaction affects the total number of voting rights, now at 685,798,964, and reflects the company’s ongoing efforts to manage its capital structure effectively.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its strong market presence with well-established brands in various product categories worldwide.
YTD Price Performance: 3.75%
Average Trading Volume: 1,613,919
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £34.39B
For an in-depth examination of RKT stock, go to TipRanks’ Stock Analysis page.
