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Reckitt Executes Share Repurchase to Strengthen Treasury Holdings
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Reckitt Executes Share Repurchase to Strengthen Treasury Holdings

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Invest with Confidence:

Reckitt ( (GB:RKT) ) just unveiled an announcement.

Reckitt Benckiser Group PLC announced the repurchase of 78,000 ordinary shares from HSBC Bank plc, authorized by shareholders at their Annual General Meeting. The shares will be held in treasury, affecting the total number of voting rights and potentially impacting shareholder decisions under the FCA’s Disclosure Guidance and Transparency Rules.

More about Reckitt

Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. It is known for its popular brands like Lysol, Dettol, and Durex, serving a global market with a strong emphasis on innovation and sustainability.

YTD Price Performance: 4.82%

Average Trading Volume: 1,600,139

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £34.74B

Learn more about RKT stock on TipRanks’ Stock Analysis page.

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