tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reckitt Sets £1.6bn Special Dividend and Share Consolidation After Essential Home Sale

Story Highlights
  • Reckitt plans a £1.6bn special dividend following the Essential Home divestment.
  • A 24-for-25 share consolidation will accompany the payout, preserving shareholder ownership proportions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reckitt Sets £1.6bn Special Dividend and Share Consolidation After Essential Home Sale

Claim 70% Off TipRanks Premium

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

Reckitt Benckiser Group has published a shareholder circular detailing plans to return approximately £1.6 billion of excess capital via a special dividend of 235 pence per existing ordinary share, following the completion of the divestment of its Essential Home business to Advent International. The payout, which is in addition to the company’s ongoing share buyback and ordinary dividend policy, will be accompanied by a 24-for-25 share consolidation designed to keep the company’s share price broadly stable while proportionally reducing the number of shares in issue without altering investors’ relative ownership stakes. Shareholders will vote on the special dividend, share consolidation and renewed capital authorities at a general meeting on 27 January 2026, with the new share structure and ex-dividend trading expected to take effect from 2 February 2026 and cash distributions to ordinary shareholders scheduled for 20 February 2026. The move underlines Reckitt’s ongoing capital return strategy and balance sheet flexibility, while preserving scope for future share issuance and buybacks through refreshed corporate authorities.

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 is a global consumer goods company focused on health, hygiene and home products, with a portfolio of well-known brands including Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen, Strepsils, Vanish and Veet. The group develops science-backed solutions aimed at helping consumers live cleaner, healthier lives, while also pursuing broader sustainability, healthcare access and community initiatives worldwide.

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