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Reckitt ( (GB:RKT) ) has issued an update.
Reckitt Benckiser Group PLC has announced the repurchase of 75,000 of its ordinary shares from HSBC Bank plc, authorized by shareholders at its 2024 Annual General Meeting. The shares will be held in treasury, affecting the total voting rights in the company, which now stand at 685,108,146. This transaction reflects the company’s strategic financial management and could influence shareholder interest, as it impacts the denominator for determining changes in shareholding under FCA’s rules.
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 strong portfolio of brands and commitment to sustainability, serving a wide range of global markets.
YTD Price Performance: 8.75%
Average Trading Volume: 1,458,661
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36B
Find detailed analytics on RKT stock on TipRanks’ Stock Analysis page.
