Reckitt Boosts Shareholder Value with Buyback
Company Announcements

Reckitt Boosts Shareholder Value with Buyback

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has repurchased 84,600 of its own shares, a move that will potentially bolster shareholder value. The shares, bought from J.P. Morgan Securities, will be held in treasury, with the company’s total voting rights now standing at 696,124,719. The stock’s repurchase was conducted at prices ranging from 4,316.00 to 4,395.00 pence per share, reflecting the company’s proactive approach to managing its capital structure.

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

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