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Reckitt ( (GB:RKT) ) has issued an update.
Reckitt has repurchased 190,500 of its ordinary shares on 7 May 2026 through Deutsche Bank, at a volume-weighted average price of 4,716.21 pence per share, and will hold these shares in treasury. Following this transaction, Reckitt’s treasury share balance rises to 34,227,724, leaving 639,778,028 shares in issue and voting rights outstanding, clarifying the capital base and voting denominator for investors under UK disclosure rules.
The move forms part of a broader share buyback programme authorised by shareholders at the January 2026 general meeting, signalling ongoing capital management efforts by the company. By reducing the free float and consolidating voting rights, the buyback may support earnings per share over time and reflects management’s confidence in the firm’s financial position and long-term value, while providing clear guidance to stakeholders on current share capital and disclosure obligations.
The most recent analyst rating on (GB:RKT) stock is a Buy with a £60.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.
Spark’s Take on RKT Stock
According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.
The score is driven primarily by improved financial performance (notably profitability and lower leverage) and supportive valuation (moderate P/E and solid yield). These are tempered by weak technicals (below key moving averages with negative momentum) and earnings-call-flagged near-term pressures on cash flow, leverage, and 2026 margin/EPS visibility.
To see Spark’s full report on RKT stock, click here.
More about Reckitt
Reckitt Benckiser Group plc is a global consumer goods company focused on health, hygiene, and home products, with a portfolio that includes well-known household and personal care brands. The company targets mass-market consumers worldwide, competing in fast-moving consumer goods segments where scale, brand strength, and distribution efficiency are key drivers of performance.
Average Trading Volume: 2,330,991
Technical Sentiment Signal: Sell
Current Market Cap: £30.12B
For an in-depth examination of RKT stock, go to TipRanks’ Overview page.