Reckitt Executes Share Buyback, Bolsters Treasury Holdings
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Reckitt Executes Share Buyback, Bolsters Treasury Holdings

Reckitt (GB:RKT) has released an update.

Reckitt Benckiser Group PLC has repurchased 129,829 of its ordinary shares at a volume weighted average price of 4,621.45 pence per share, which will be held in treasury. With the latest buyback, the company now holds over 32 million treasury shares, leaving the total voting rights in the company at 704,368,634 shares. This move follows the authorization granted at the Annual General Meeting earlier this year and is part of a larger share repurchase plan announced in March.

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

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