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Reckitt Benckiser Executes Share Buyback, Adjusts Voting Rights

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Reckitt Benckiser Executes Share Buyback, Adjusts Voting Rights

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

Reckitt Benckiser Group PLC has repurchased 72,000 of its ordinary shares from HSBC Bank plc, in line with the authority granted by shareholders at the Annual General Meeting. The shares will be held in treasury, bringing the total number of treasury shares to 53,333,087. This transaction impacts the company’s total voting rights, which now stand at 683,202,092, and may influence shareholder notifications under the FCA’s Disclosure Guidance and Transparency Rules.

More about Reckitt

Reckitt Benckiser Group PLC is a global consumer goods company operating in the health, hygiene, and home product sectors. It is known for its wide range of products including disinfectants, personal care items, and over-the-counter pharmaceuticals, focusing on enhancing consumer health and hygiene.

YTD Price Performance: 5.81%

Average Trading Volume: 1,383,342

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £34.96B

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

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