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Reckitt Confirms Share Buyback and Treasury Holdings
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Reckitt Confirms Share Buyback and Treasury Holdings

Reckitt (GB:RKT) has released an update.

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Reckitt Benckiser Group PLC has reported the buyback of 161,500 of its own shares on 29 August 2024, with transaction prices ranging from 4,347 to 4,393 pence per share, resulting in a volume weighted average price of 4,368.73 pence. These repurchased shares will be added to the company’s treasury, with Reckitt now holding over 40 million treasury shares, while the total number of voting rights stands at 695,880,276. The move aligns with the shareholder authority granted at the Annual General Meeting earlier in May and is part of ongoing capital management strategies.

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

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