Reckitt ( (GB:RKT) ) just unveiled an update.
Reckitt Benckiser Group PLC announced the purchase of 71,748 of its ordinary shares from HSBC Bank plc, as authorized by shareholders at the Annual General Meeting in May 2024. This transaction, part of the company’s share buyback program, results in Reckitt holding over 53 million shares in treasury, impacting its total voting rights and potentially influencing shareholder interests.
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 popular brands such as Dettol, Lysol, and Durex, and it aims to enhance consumer health and hygiene globally.
YTD Price Performance: 8.26%
Average Trading Volume: 1,423,422
Technical Sentiment Signal: Sell
Current Market Cap: £35.73B
See more insights into RKT stock on TipRanks’ Stock Analysis page.