Reckitt (GB:RKT) has released an update.
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Reckitt Benckiser Group has announced the initiation of the third tranche of its 2024 share buyback program, aiming to return up to £500 million to shareholders. This move follows the completion of previous tranches, with HSBC Bank managing the current tranche as a riskless principal. The shares will be repurchased on the London Stock Exchange, reflecting Reckitt’s commitment to delivering value to its investors.
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