Reckitt (GB:RKT) has released an update.
Reckitt Benckiser Group PLC has repurchased 104,000 of its ordinary shares, with prices ranging from 4,747 to 4,802 pence per share, which are to be held in treasury. This transaction leaves the company with 45,877,287 shares in treasury and a total of 690,657,892 ordinary shares in issue, impacting the voting rights and shareholding transparency for investors. This strategic buyback reflects Reckitt’s ongoing efforts to manage its capital structure effectively.
For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.