Reckitt Benckiser Executes Share Buyback Strategy

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Reckitt Benckiser Executes Share Buyback Strategy

Reckitt ( (GB:RKT) ) has shared an update.

Reckitt Benckiser Group PLC has repurchased 75,000 of its ordinary shares from HSBC Bank plc, as per the authority granted by shareholders in May 2024. This transaction, part of a strategic move to manage its share capital, results in the company holding a total of 52,928,453 shares in treasury, impacting the voting rights and shareholding structure.

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 diverse range of products that cater to various consumer needs, with a strong market presence globally.

YTD Price Performance: 8.92%

Average Trading Volume: 1,462,231

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £35.99B

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