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Reckitt Benckiser Executes Share Buyback to Adjust Treasury Holdings

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Reckitt Benckiser Executes Share Buyback to Adjust Treasury Holdings

Reckitt ( (GB:RKT) ) has provided an announcement.

Reckitt Benckiser Group PLC has repurchased 74,000 of its ordinary shares, which will be held in treasury, following shareholder approval from the 2024 Annual General Meeting. This transaction impacts the company’s voting rights and share structure, with 682,553,845 ordinary shares now in issue, excluding treasury shares, which stakeholders can use to determine their interests 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 well-known brands in the healthcare and cleaning sectors.

YTD Price Performance: 8.21%

Average Trading Volume: 1,423,784

Technical Sentiment Signal: Sell

Current Market Cap: £35.64B

For an in-depth examination of RKT stock, go to TipRanks’ Stock Analysis page.

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