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Reckitt Announces Share Buyback and Treasury Update
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Reckitt Announces Share Buyback and Treasury Update

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC reported the buyback of 216,195 of its own shares from Morgan Stanley & Co International plc, which will now be held in treasury. The transaction was part of a repurchase program authorized by shareholders and previously announced, affecting the company’s total number of voting rights which now stands at 706,533,685. This buyback reflects the company’s ongoing capital management strategy.

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

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