tiprankstipranks
Company Announcements

Reckitt Announces Share Buyback and Voting Rights Update

Reckitt Announces Share Buyback and Voting Rights Update

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has reported the buyback of 88,000 of its ordinary shares at prices ranging between 4,106.00 pence and 4,217.00 pence per share, with a volume weighted average price of 4,167.05 pence. Post-purchase, the company’s treasury will hold approximately 39.1 million shares, with the total number of voting rights set at 697.4 million. This move aligns with the authorization from the company’s Annual General Meeting earlier this year and forms part of their strategic financial management.

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

Questions or Comments about the article? Write to editor@tipranks.com
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