tiprankstipranks
Advertisement
Advertisement

Reckitt Buys Back 155,000 Shares for Treasury, Adjusting Voting Capital

Story Highlights
  • Reckitt repurchased 155,000 ordinary shares for treasury under its authorised buyback programme.
  • The buyback lifts treasury holdings to over 32 million shares and sets voting rights at 641.9 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reckitt Buys Back 155,000 Shares for Treasury, Adjusting Voting Capital

Claim 55% Off TipRanks

Reckitt ( (GB:RKT) ) has provided an update.

Reckitt Benckiser Group PLC has repurchased 155,000 of its ordinary shares from Deutsche Bank’s London branch under an existing shareholder-authorised buyback programme, paying a volume-weighted average price of 5,112.87 pence per share, with the shares to be held in treasury. Following this transaction, Reckitt holds 32,107,211 shares in treasury and has 641,898,541 shares in issue carrying voting rights, a change that slightly adjusts the company’s capital structure and the denominator used by investors for calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:RKT) stock is a Buy with a £6000.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.

Spark’s Take on RKT Stock

According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.

The score is driven primarily by improved financial performance (notably profitability and lower leverage) and supportive valuation (moderate P/E and solid yield). These are tempered by weak technicals (below key moving averages with negative momentum) and earnings-call-flagged near-term pressures on cash flow, leverage, and 2026 margin/EPS visibility.

To see Spark’s full report on RKT stock, click here.

More about Reckitt

Reckitt Benckiser Group PLC is a global consumer goods company focused on health, hygiene and nutrition products. The group operates across international markets with well-known household brands, competing in fast-moving consumer goods segments where capital allocation and shareholder returns are closely watched by investors.

Average Trading Volume: 2,231,780

Technical Sentiment Signal: Buy

Current Market Cap: £32.17B

For an in-depth examination of RKT stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1