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Reckitt Executes Strategic Share Buyback Program

Reckitt Executes Strategic Share Buyback Program

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has repurchased 104,000 of its ordinary shares as part of a buyback program, with prices ranging from 4,678 to 4,722 pence per share, averaging 4,700.57 pence. These shares will be held in treasury, and the company now has 691,052,352 ordinary shares in circulation. This transaction aligns with shareholder-approved strategies aimed at optimizing capital structure.

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

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Questions or Comments about the article? Write to editor@tipranks.com
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