Reckitt ( (GB:RKT) ) has shared an update.
Reckitt Benckiser Group PLC announced the repurchase of 74,000 of its ordinary shares from HSBC Bank plc, following shareholder approval from the 2024 Annual General Meeting. The shares will be held in treasury, impacting the total number of voting rights to 682,410,250. This transaction reflects Reckitt’s strategic financial management, potentially influencing shareholder value and market perception.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. It is known for its diverse range of products that cater to everyday needs, with a strong market presence globally.
YTD Price Performance: 5.15%
Average Trading Volume: 1,424,441
Technical Sentiment Signal: Hold
Current Market Cap: £34.68B
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