Reckitt Benckiser Strengthens Capital with Share Buyback
Company Announcements

Reckitt Benckiser Strengthens Capital with Share Buyback

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC recently repurchased 83,000 of its ordinary shares, with prices ranging from 4,783 to 4,824 pence per share. This move, in line with shareholder authorization, aims to consolidate Reckitt’s capital structure by holding these shares in treasury. As a result, Reckitt now has 689,417,404 shares in issue, providing a clear denominator for shareholders to assess their voting rights.

For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskReckitt Benckiser Boosts Treasury with Share Buyback
TipRanks UK Auto-Generated NewsdeskReckitt Benckiser Executes Share Buyback Program
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