Reckitt Benckiser Strengthens Position with Share Buyback
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Reckitt Benckiser Strengthens Position with Share Buyback

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has repurchased 83,000 of its ordinary shares, with prices ranging from 4,836.00 to 4,875.00 pence, to be held in treasury. This transaction aligns with the authority granted at their Annual General Meeting and adjusts the total voting rights to 690,414,100. Such moves are often seen as a strategy to consolidate ownership and potentially enhance shareholder value.

For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.

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