tiprankstipranks
Company Announcements

Reckitt Benckiser Executes Share Repurchase, Adjusts Voting Rights

Story Highlights
Reckitt Benckiser Executes Share Repurchase, Adjusts Voting Rights

Reckitt ( (GB:RKT) ) has issued an update.

Reckitt Benckiser Group PLC announced the repurchase of 75,000 ordinary shares, which will be held in treasury. This transaction, conducted with HSBC Bank plc, aligns with shareholder-authorized plans and impacts the company’s total voting rights, now standing at 683,946,203. The move reflects Reckitt’s strategic financial management and may influence shareholder interests and market positioning.

More about Reckitt

Reckitt Benckiser Group PLC is a prominent player in the consumer goods industry, known for its production and distribution of health, hygiene, and home products. The company focuses on delivering high-quality products to enhance consumer well-being and operates in various global markets.

YTD Price Performance: 8.42%

Average Trading Volume: 1,419,263

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £35.85B

For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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