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An announcement from Reckitt ( (GB:RKT) ) is now available.
Reckitt Benckiser Group PLC has announced the commencement of the second tranche of its £1 billion 2025 share buyback programme, aimed at increasing shareholder returns and reducing share capital. The second tranche, managed by BNP Paribas, will return an additional £250 million to shareholders and is expected to conclude by January 2026. This strategic move is part of Reckitt’s ongoing efforts to strengthen its market position and deliver value to its stakeholders.
The most recent analyst rating on (GB:RKT) stock is a Buy with a £6000.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.
Spark’s Take on GB:RKT Stock
According to Spark, TipRanks’ AI Analyst, GB:RKT is a Outperform.
Reckitt’s overall score is driven by strong earnings call performance and solid financial health, despite some challenges in revenue growth and valuation concerns. The technical analysis supports a positive outlook, although caution is advised due to potential overbought conditions.
To see Spark’s full report on GB:RKT stock, click here.
More about Reckitt
Reckitt is a global leader in consumer health and hygiene, known for its trusted brands such as Dettol, Durex, Finish, and Lysol. The company focuses on creating innovative, science-backed solutions to support healthier lives and a cleaner world, while also expanding access to healthcare, education, and economic opportunities.
Average Trading Volume: 1,300,286
Technical Sentiment Signal: Buy
Current Market Cap: £37.81B
Learn more about RKT stock on TipRanks’ Stock Analysis page.