tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reckitt Continues Capital Management Drive With Latest Share Buyback

Story Highlights
Reckitt Continues Capital Management Drive With Latest Share Buyback

Claim 70% Off TipRanks Premium

An update from Reckitt ( (GB:RKT) ) is now available.

Reckitt Benckiser Group plc has repurchased 57,750 of its ordinary shares from BNP Paribas SA under the shareholder authority granted at its May 2025 AGM, with the repurchased stock to be held in treasury rather than cancelled. Following this transaction, Reckitt holds 29,825,720 shares in treasury and has 672,263,619 ordinary shares in issue, setting the new total of voting rights for regulatory disclosure purposes and signaling continued use of share buybacks as part of its capital management strategy.

The most recent analyst rating on (GB:RKT) stock is a Hold with a £5900.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.

Spark’s Take on GB:RKT Stock

According to Spark, TipRanks’ AI Analyst, GB:RKT is a Outperform.

Reckitt’s overall stock score reflects strong financial performance and strategic initiatives that support growth, particularly in emerging markets. While the valuation is a concern, the company’s focus on profitability and shareholder returns through buybacks and dividends enhances its investment appeal.

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

More about Reckitt

Reckitt Benckiser Group plc is a global consumer goods company best known for its health, hygiene and home products, including well-known household and personal care brands. It operates primarily in the fast-moving consumer goods sector, with a broad international footprint and a focus on branded products sold through retail and e-commerce channels.

Average Trading Volume: 1,656,673

Technical Sentiment Signal: Buy

Current Market Cap: £40.26B

For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis 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