Reckitt ( (GB:RKT) ) has issued an announcement.
Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares from HSBC Bank plc, as part of a buyback program authorized by shareholders. The shares, purchased at an average price of 5,244.84 pence, will be held in treasury, impacting the total number of voting rights, which now stands at 682,694,997. This transaction is part of Reckitt’s ongoing strategy to manage its capital structure effectively and could influence shareholder dynamics under the FCA’s Disclosure Guidance and Transparency Rules.
More about Reckitt
Reckitt Benckiser Group PLC is a multinational consumer goods company operating in the health, hygiene, and home product sectors. The company is known for its wide range of products, including well-known brands like Dettol, Lysol, and Durex, and focuses on enhancing 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
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