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The latest announcement is out from Reckitt ( (GB:RKT) ).
Reckitt Benckiser Group PLC announced the repurchase of 91,000 of its ordinary shares, with the highest price paid per share being 4,923 pence. This buyback is part of the authority granted by shareholders and will result in a total of 50,182,934 shares held in treasury, affecting the total voting rights, which now stand at 686,352,245. The transaction reflects the company’s strategic financial management, potentially enhancing shareholder value and improving its market positioning.
More about Reckitt
Reckitt Benckiser Group PLC operates within the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its large portfolio of popular brands in these sectors.
YTD Price Performance: 0.25%
Average Trading Volume: 1,590,681
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £33.02B
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.
