IN BRIEF: Reckitt Benckiser finishes latest buyback tranche
11th Dec 2024 10:07
Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Completes second tranche of GBP1 billion share buyback programme. Reckitt buys back a total of 5.3 million shares at average GBP47.55 each, worth GBP250.0 million, between October 2 and Tuesday. It will start the GBP500 million third and final buyback tranche on Thursday, intending to complete it by June 30. Reckitt completed a first tranche of GBP250 million at the start of October. The third tranche will be run by HSBC Bank PLC. The second tranche was run by Numis Securities Ltd and the first by JP Morgan Securities. Read More