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Reckitt ( (GB:RKT) ) has shared an announcement.
Reckitt Benckiser Group PLC announced the repurchase of 78,000 of its ordinary shares from HSBC Bank PLC, in line with the authority granted by its shareholders. The transaction reflects the company’s strategic move to manage its share capital and potentially enhance shareholder value by holding these repurchased shares in treasury, influencing the voting rights and shareholding structure.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its diverse portfolio of brands catering to various market needs worldwide.
YTD Price Performance: 6.85%
Average Trading Volume: 1,549,314
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £34.77B
Find detailed analytics on RKT stock on TipRanks’ Stock Analysis page.
