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Reckitt ( (GB:RKT) ) just unveiled an announcement.
Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares at prices ranging from 5,214.00 to 5,300.00 pence per share. This transaction, conducted through HSBC Bank plc, reflects the company’s ongoing strategy to manage its share capital and enhance shareholder value. Following the purchase, Reckitt holds over 51 million shares in treasury, with total voting rights standing at 684,914,463. The repurchase is aligned with shareholder approval granted in May 2024 and complies with the Market Abuse Regulation.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and nutrition products. The company is known for its broad portfolio of well-established brands and has a significant presence in the global market.
YTD Price Performance: 7.84%
Average Trading Volume: 1,444,463
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £35.92B
See more insights into RKT stock on TipRanks’ Stock Analysis page.
