Reckitt Executes Share Buyback and Updates Treasury Holdings
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Reckitt Executes Share Buyback and Updates Treasury Holdings

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has announced the buyback of 103,463 of its own shares at a volume-weighted average price of 4,652.45 pence per share, which will be held in treasury. Following this transaction, the company’s total treasury holdings amount to 44,074,625 shares, leaving 692,460,554 ordinary shares in issue for voting purposes. This move aligns with shareholder authority granted at the Annual General Meeting earlier this year.

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

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