Reckitt Announces Share Buyback and Treasury Holding
Company Announcements

Reckitt Announces Share Buyback and Treasury Holding

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has reported the buy-back of 153,000 of its own shares at a volume weighted average price of 4,597.29 pence per share, in a transaction with J.P. Morgan Securities. These shares will be held as treasury stock, consequently reducing the number of shares in circulation and altering the total number of voting rights to 694,112,902. This action follows the authorization from the company’s shareholders at the Annual General Meeting earlier this year.

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

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