tiprankstipranks
Advertisement
Advertisement

Reckitt Updates Share Count After Treasury Share Buyback

Story Highlights
Reckitt Updates Share Count After Treasury Share Buyback

Claim 55% Off TipRanks

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

Reckitt Benckiser Group has repurchased 195,000 ordinary shares from Deutsche Bank’s London branch under its previously announced buyback authority, paying a volume‑weighted average price of 4,612.39 pence and placing the shares in treasury. Following this transaction, Reckitt holds 33,848,822 shares in treasury and has 640,156,930 ordinary shares in issue, setting the new total voting rights denominator for investors under UK disclosure and transparency rules.

The buyback marginally reduces Reckitt’s free float and can offer incremental support to earnings per share, signalling continued capital returns alongside operational execution. For shareholders and prospective investors, the updated voting rights figure is now the reference point for calculating notifiable holdings under Financial Conduct Authority requirements.

The most recent analyst rating on (GB:RKT) stock is a Buy with a £60.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.

Spark’s Take on RKT Stock

According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.

The score is driven primarily by improved financial performance (notably profitability and lower leverage) and supportive valuation (moderate P/E and solid yield). These are tempered by weak technicals (below key moving averages with negative momentum) and earnings-call-flagged near-term pressures on cash flow, leverage, and 2026 margin/EPS visibility.

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

More about Reckitt

Reckitt Benckiser Group plc is a global consumer goods company best known for branded health, hygiene, and household products, including cleaning agents, over-the-counter health items, and nutrition brands. The group focuses on mass-market, fast-moving consumer goods and operates across multiple international markets with a broad retail and pharmacy distribution footprint.

Average Trading Volume: 2,315,378

Technical Sentiment Signal: Sell

Current Market Cap: £30.2B

See more data about RKT stock on 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