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Reckitt Benckiser Announces Share Repurchase

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Reckitt Benckiser Announces Share Repurchase

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Reckitt ( (GB:RKT) ) just unveiled an update.

Reckitt Benckiser Group PLC announced the repurchase of 58,240 of its ordinary shares from BNP Paribas SA, following the authority granted by shareholders at the Annual General Meeting in May 2025. This transaction, executed under the company’s previously issued instructions, results in Reckitt holding a total of 59,467,077 shares in treasury, impacting the total number of voting rights and potentially affecting shareholder interests.

The most recent analyst rating on (GB:RKT) stock is a Buy with a £6400.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.

Spark’s Take on GB:RKT Stock

According to Spark, TipRanks’ AI Analyst, GB:RKT is a Outperform.

Reckitt’s overall stock score reflects strong financial performance and strategic initiatives that support growth, particularly in emerging markets. While the valuation is a concern, the company’s focus on profitability and shareholder returns through buybacks and dividends enhances its investment appeal.

To see Spark’s full report on GB:RKT stock, click here.

More about Reckitt

Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its strong market presence and a wide range of products that cater to various consumer needs globally.

Average Trading Volume: 1,755,226

Technical Sentiment Signal: Buy

Current Market Cap: £39.82B

For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.

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