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Reckitt ( (GB:RKT) ) has shared an update.
Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares, in line with authority granted at its 2024 Annual General Meeting. These shares, bought at a volume-weighted average price of 5,236.48 pence, will be held in treasury, affecting the total number of voting rights. This transaction reflects Reckitt’s strategic financial management, potentially impacting shareholder equity and market perception.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, primarily focusing on the production of health, hygiene, and nutrition products. The company is known for its wide range of household brands and has a significant market focus on health and wellness products globally.
YTD Price Performance: 8.34%
Average Trading Volume: 1,484,611
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.34B
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.
