Reckitt ( (GB:RKT) ) has provided an update.
Reckitt Benckiser Group PLC announced the repurchase of 77,973 of its own ordinary shares, which will be held in treasury. This transaction, executed through HSBC Bank plc, is part of a previously authorized buyback program, impacting the total number of voting rights and shares in issue, which now stands at 682,986,132. This move is in line with the company’s strategic financial management, potentially affecting shareholder interests and market perception.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and nutrition products. The company is known for its diverse range of products that cater to household and personal care needs, with a significant market presence globally.
YTD Price Performance: 6.52%
Average Trading Volume: 1,413,723
Technical Sentiment Signal: Sell
Current Market Cap: £35.16B
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