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Reckitt Benckiser Executes Share Buyback Program

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Reckitt Benckiser Executes Share Buyback Program

Reckitt ( (GB:RKT) ) just unveiled an announcement.

Reckitt Benckiser Group PLC announced the repurchase of 75,000 ordinary shares from HSBC Bank plc, as part of a shareholder-approved buyback program. The shares, purchased at an average price of 5,211.45 pence, will be held in treasury, impacting the total number of voting rights and potentially influencing shareholder interest notifications under FCA 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 wide range of products, including over-the-counter medicines, cleaning supplies, and personal care items, with a strong market presence globally.

YTD Price Performance: 7.30%

Average Trading Volume: 1,419,312

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £36.15B

For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.

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