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Reckitt Repurchases Shares to Strengthen Capital Structure
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Reckitt Repurchases Shares to Strengthen Capital Structure

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Invest with Confidence:

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

Reckitt Benckiser Group PLC announced the repurchase of 76,000 ordinary shares as part of its ongoing strategy to manage the company’s capital structure effectively. This transaction, authorized by shareholders and executed with HSBC Bank plc, reflects Reckitt’s commitment to enhancing shareholder value, with the repurchased shares being held in treasury. The transaction impacts the company’s total voting rights, now standing at 685,183,786, providing stakeholders with updated information for compliance with the FCA’s regulations.

More about Reckitt

Reckitt Benckiser Group PLC is a company operating in the consumer goods industry, primarily producing health, hygiene, and home products. It has a significant focus on health and wellness products, catering to a global market.

YTD Price Performance: 8.50%

Average Trading Volume: 1,566,121

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £35.79B

See more data about RKT stock on TipRanks’ Stock Analysis page.

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