Reckitt (GB:RKT) has released an update.
Reckitt Benckiser Group plc has announced the buyback of 81,549 of its ordinary shares at prices ranging between 4,289.00 and 4,312.00 pence per share, with a volume-weighted average price of 4,302.80 pence. Following this transaction, the company now holds 40,325,860 shares in treasury. This buyback is part of the company’s capital allocation strategy as authorized by shareholders at their Annual General Meeting earlier this year.
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