tiprankstipranks
Reckitt Benckiser Executes Share Repurchase from HSBC
Company Announcements

Reckitt Benckiser Executes Share Repurchase from HSBC

Story Highlights

Stay Ahead of the Market:

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

Reckitt Benckiser Group PLC announced the repurchase of 78,500 of its ordinary shares from HSBC Bank PLC, with the shares being held in treasury. This transaction affects the total voting rights for shareholders, who must use the updated figure to determine their interests under regulatory guidelines.

More about Reckitt

Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. It is known for its wide range of branded products that serve various consumer needs globally.

YTD Price Performance: 1.22%

Average Trading Volume: 1,632,384

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £33.97B

See more insights into RKT stock on 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