Reckitt Announces Share Buyback and Treasury Update
Company Announcements

Reckitt Announces Share Buyback and Treasury Update

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has announced the buyback of 155,500 of its own shares at a volume weighted average price of 4,518.63 pence per share, with the transaction conducted via J.P. Morgan. Post-purchase, the company holds over 41 million shares in treasury while maintaining around 694 million shares in issue, which sets the total voting rights available to shareholders. The repurchased shares will be stored in treasury, reflecting the company’s ongoing capital management strategy.

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

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