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Reckitt Share Consolidation Takes Effect as New Voting Capital Confirmed

Story Highlights
  • Reckitt has implemented a share consolidation tied to its special dividend, with new shares now trading on the London Stock Exchange.
  • Post-consolidation, Reckitt has 644,753,406 voting shares in issue, setting a new baseline for investor disclosure obligations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reckitt Share Consolidation Takes Effect as New Voting Capital Confirmed

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

Reckitt Benckiser Group has made effective a previously approved share consolidation linked to its special dividend, with the company’s new ordinary shares admitted today to the FCA’s Official List and to trading on the London Stock Exchange’s Main Market. Following the consolidation, Reckitt’s issued share capital comprises 674,005,752 ordinary shares, of which 29,252,346 are held in treasury, leaving 644,753,406 voting shares in circulation, a new denominator that investors must use for regulatory disclosure of holdings and changes in ownership under the FCA’s transparency rules.

The most recent analyst rating on (GB:RKT) stock is a Buy with a £6945.00 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 such as Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen, Strepsils, Vanish and Veet. The group positions itself around science-backed, innovative solutions that support everyday health and hygiene, while emphasising sustainability, waste reduction and expanded access to healthcare, education and economic opportunities.

Average Trading Volume: 1,817,035

Technical Sentiment Signal: Buy

Current Market Cap: £40.91B

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

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