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Reckitt Benckiser Executes Strategic Share Buyback

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Reckitt Benckiser Executes Strategic Share Buyback

Reckitt ( (GB:RKT) ) has issued an announcement.

Reckitt Benckiser Group PLC announced the repurchase of 75,000 ordinary shares, which will be held in treasury, following shareholder approval from the 2024 Annual General Meeting. This transaction, executed through HSBC, affects the company’s total voting rights, now standing at 683,551,016, and reflects Reckitt’s strategic financial management to optimize shareholder value.

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 across global markets.

YTD Price Performance: 6.48%

Average Trading Volume: 1,461,671

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £35.99B

For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.

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