9th Dec 2024 11:15
Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Prepares to start GBP500 million third and final tranche of the GBP1 billion share buyback programme it announced back in July. Reckitt completed a first tranche of GBP250 million at the start of October and expects to complete the GBP250 million second tranche this month. The third tranche will be run by HSBC Bank PLC and start once the second tranche is completed. The second tranche was run by Numis Securities Ltd and the first tranche by JP Morgan Securities.
Current stock price: 4,703.00 pence
12-month change: down 13%
By Tom Waite, Alliance News editor
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