Reckitt (GB:RKT) has released an update.
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Reckitt Benckiser has repurchased 82,000 of its ordinary shares, with prices ranging from 4,794 to 4,922 pence per share, and will hold these in treasury. This transaction leaves Reckitt with nearly 47 million shares in treasury and over 689 million shares in issue, impacting the total voting rights available to shareholders. Investors may find this buyback significant as it reflects the company’s efforts to manage its share capital and potentially enhance shareholder value.
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