tiprankstipranks
Company Announcements

Reckitt Benckiser Executes Share Repurchase

Story Highlights
  • Reckitt Benckiser operates in the consumer goods sector, focusing on health and hygiene products.
  • The company repurchased 75,000 shares, affecting voting rights and share count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reckitt Benckiser Executes Share Repurchase

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Reckitt ( (GB:RKT) ).

Reckitt Benckiser Group PLC announced the repurchase of 75,000 ordinary shares, as per the authority from the 2024 Annual General Meeting. The shares were purchased at a volume-weighted average price of 5,340.23 pence each, and will be held in treasury, impacting the total voting rights and share count for stakeholders.

More about Reckitt

Reckitt Benckiser Group PLC is a leading company in the consumer goods industry, known for its health, hygiene, and home products. The company focuses on delivering high-quality products that cater to consumer needs globally.

YTD Price Performance: 10.20%

Average Trading Volume: 1,425,642

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £36.55B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1