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Reckitt Announces Share Buyback and Treasury Update

Reckitt Announces Share Buyback and Treasury Update

Reckitt (GB:RKT) has released an update.

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Reckitt Benckiser Group plc has bought back 229,000 of its own shares for a volume weighted average price of 4,363.68 pence each, with the transaction taking place on September 2, 2024. The repurchased shares will be kept in treasury, resulting in a total of 41,114,403 treasury shares and leaving 695,420,776 ordinary shares with voting rights in circulation. This move is part of a share repurchase plan previously approved by shareholders and executed through J.P. Morgan Securities plc.

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

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