tiprankstipranks
Company Announcements

Reckitt Benckiser Executes Share Buyback

Story Highlights
Reckitt Benckiser Executes Share Buyback

Discover the Best Stocks and Maximize Your Portfolio:

Reckitt ( (GB:RKT) ) has provided an update.

Reckitt Benckiser Group plc announced the repurchase of 75,000 ordinary shares, which are now held in treasury, as per the authority granted at its 2024 Annual General Meeting. The transaction influences the company’s voting rights, with 684,964,461 shares remaining in issue, reflecting Reckitt’s strategic move to manage its capital structure effectively.

More about Reckitt

YTD Price Performance: 10.28%

Average Trading Volume: 1,512,938

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £36.52B

Find detailed analytics on RKT stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1