Reckitt Advances Buyback With New Treasury Share Purchase

Reckitt ( (GB:RKT) ) has issued an announcement.

Reckitt Benckiser Group has continued its share buyback activity, repurchasing 178,221 ordinary shares on 23 April 2026 through Deutsche Bank under an existing shareholder authority. The shares, bought at a volume-weighted average price of 4,756.82 pence, will be held in treasury rather than cancelled.

Following this transaction, Reckitt now holds 32,637,323 shares in treasury and has 641,368,429 ordinary shares in issue, which becomes the new basis for calculating voting rights. The updated share count affects how investors measure their ownership stakes and disclosure thresholds under UK transparency rules, potentially influencing institutional investors’ reporting and governance considerations.

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 nutrition products. Its portfolio includes well-known household and personal care brands sold across international markets, positioning the group as a major player in everyday consumer essentials.

Average Trading Volume: 2,216,707

Technical Sentiment Signal: Sell

Current Market Cap: £30.63B

Learn more about RKT stock on TipRanks’ Stock Analysis page.