Reckitt ( (GB:RKT) ) has provided an update.
Reckitt Benckiser Group PLC announced the repurchase of 72,557 ordinary shares, which will be held in treasury. This transaction, executed through HSBC Bank plc, aligns with the authority granted by shareholders and affects the company’s total voting rights, now totaling 683,342,416. The move is part of Reckitt’s ongoing strategy to manage its capital structure and may impact shareholder interests as per the FCA’s rules.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, primarily focusing on health, hygiene, and home products. The company is known for its well-established brands in these sectors, catering to a global market.
YTD Price Performance: 6.93%
Average Trading Volume: 1,467,043
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £35.09B
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