The latest update is out from Reckitt ( (GB:RKT) ).
Reckitt Benckiser Group PLC has repurchased 74,000 of its ordinary shares from HSBC Bank plc, as part of a shareholder-approved buyback program. This transaction, executed under the company’s strategic financial management, results in Reckitt holding over 52 million shares in treasury, impacting the total voting rights and potentially influencing shareholder interests and market perceptions.
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 diverse range of products including well-known brands in health and hygiene sectors, positioning itself as a leader in providing essential consumer goods globally.
YTD Price Performance: 10.99%
Average Trading Volume: 1,480,639
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £36.67B
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