Reckitt ( (GB:RKT) ) has provided an update.
Reckitt Benckiser Group PLC announced the repurchase of 74,000 of its ordinary shares from HSBC Bank plc, as authorized by shareholders at the 2024 Annual General Meeting. The shares, purchased at a volume-weighted average price of 5,221.11 pence, will be held in treasury, affecting the total number of voting rights and shares in issue. This transaction aligns with the company’s strategic financial management, potentially impacting shareholder value and market perception.
More about Reckitt
Reckitt Benckiser Group PLC is a multinational consumer goods company operating in the health, hygiene, and home sectors. The company is known for its wide range of products, including cleaning agents, health and wellness products, and over-the-counter pharmaceuticals, catering to a global market.
YTD Price Performance: 8.21%
Average Trading Volume: 1,423,784
Technical Sentiment Signal: Sell
Current Market Cap: £35.64B
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