Reckitt ( (GB:RKT) ) just unveiled an update.
Reckitt Benckiser Group PLC announced the repurchase of 75,968 of its ordinary shares from HSBC Bank plc, as part of a share buyback program authorized by shareholders. This transaction, completed on March 24, 2025, will see the repurchased shares held in treasury, affecting the total number of voting rights in the company, which now stands at 683,062,613. This move is part of Reckitt’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and nutrition products. The company is known for its diverse range of well-known brands and aims to maintain a strong market presence globally.
YTD Price Performance: 6.15%
Average Trading Volume: 1,408,517
Technical Sentiment Signal: Sell
Current Market Cap: £35.49B
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