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Reckitt Benckiser Executes Share Buyback Program

Story Highlights
  • Reckitt Benckiser operates in the consumer goods industry, focusing on health and hygiene products.
  • The company repurchased 78,000 shares to hold in treasury, impacting voting rights and shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reckitt Benckiser Executes Share Buyback Program

Confident Investing Starts Here:

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

Reckitt Benckiser Group PLC has repurchased 78,000 of its ordinary shares from HSBC Bank plc, as part of a shareholder-approved buyback program. This transaction, executed on May 23, 2025, will see the repurchased shares held in treasury, affecting the total number of voting rights and shares in issue, which stakeholders can use for regulatory compliance purposes.

The most recent analyst rating on (GB:RKT) stock is a Buy with a £51.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.

Spark’s Take on GB:RKT Stock

According to Spark, TipRanks’ AI Analyst, GB:RKT is a Outperform.

Reckitt’s strong earnings performance and strategic initiatives are the primary drivers of its score, supported by solid dividend yield and efficient cash flow management. However, valuation concerns and revenue growth challenges slightly temper the outlook.

To see Spark’s full report on GB:RKT stock, click here.

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 Lysol, Dettol, and Durex, serving a global market with a strong emphasis on innovation and sustainability.

Average Trading Volume: 1,639,410

Technical Sentiment Signal: Buy

Current Market Cap: £33.56B

See more data about RKT stock on TipRanks’ Stock Analysis page.

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