Reckitt (GB:RKT) has released an update.
Reckitt Benckiser Group PLC has reported the buyback of 86,500 of its ordinary shares at prices ranging between 4,228.00 to 4,264.00 pence per share, with a volume-weighted average price of 4,250.27 pence. Post-purchase, Reckitt holds over 40 million shares in treasury and retains around 696 million shares for voting rights. This strategic move, executed through J.P. Morgan Securities, is part of the company’s share repurchase plan authorized at its Annual General Meeting earlier this year.
For further insights into GB:RKT stock, check out TipRanks’ Stock Analysis page.
