28th Jul 2025 08:43
Reckitt Benckiser Group PLC - Slough, Berkshire-based heath and hygiene consumer products - Starts on Monday the GBP1 billion share buyback programme it announced last week. The entire buyback will be completed within the next 12 months. The first tranche of GBP250 million in buybacks will be run by RBC Europe Ltd and be completed by October 31. All of the repurchased shares will be cancelled, Reckitt says, with the buyback intended to increase returns to shareholders and reduce the share capital of the company. Reckitt also last week declared an 84.4 pence per share cash dividend for the first half of 2025, up 5.0% from 80.4p a year before.
Current stock price: 5,629.60p
12-month change: up 38%
By Tom Waite, Alliance News editor
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