The latest announcement is out from Reckitt ( (GB:RKT) ).
Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares from HSBC Bank plc, as part of a shareholder-approved buyback program. The repurchased shares will be held in treasury, impacting the company’s total voting rights and potentially affecting shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.
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 diverse range of products, including well-known brands in the cleaning, personal care, and healthcare sectors.
YTD Price Performance: 8.42%
Average Trading Volume: 1,419,263
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £35.85B
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.