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Reckitt Announces Share Buyback and Treasury Holdings

Reckitt Announces Share Buyback and Treasury Holdings

Reckitt (GB:RKT) has released an update.

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Reckitt Benckiser Group PLC has announced the buyback of 108,500 of its own shares at a volume weighted average price of 4,676.46 pence per share. The shares were repurchased from J.P. Morgan Securities plc and will be held in treasury, leading to a total of 42,987,525 treasury shares and 693,547,654 shares in issue. This move may impact the company’s voting rights and shareholder notifications under the FCA’s rules.

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

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