Reckitt Announces Major Share Buyback
Company Announcements

Reckitt Announces Major Share Buyback

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has announced the buyback of 84,300 of its own shares at a volume weighted average price of 4,299.51 pence per share, with the transaction completed on 22 August 2024. Post-purchase, the company now holds over 40 million shares in treasury, affecting the total number of voting rights available to shareholders. The repurchase aligns with the shareholder authority granted at the Annual General Meeting earlier in May 2024.

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

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