Reckitt Executes Share Buyback Strategy
Company Announcements

Reckitt Executes Share Buyback Strategy

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has announced the buyback of its shares, purchasing 82,943 ordinary shares on August 28, 2024, at prices ranging from 4,351.00 to 4,403.00 pence per share. Following the transaction, the company will hold over 40 million shares in treasury, with the remaining 696 million shares representing the total voting rights. This strategic move aligns with the authority granted by shareholders earlier in May and is part of the company’s ongoing capital management efforts.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskReckitt Announces Share Buyback and Treasury Holdings
TipRanks UK Auto-Generated NewsdeskReckitt Benckiser Executes Share Buyback Plan
TipRanks UK Auto-Generated NewsdeskReckitt Benckiser Executes Share Buyback
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