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IN BRIEF: Reckitt readies second quarter of GBP1 billion share buyback

24th Sep 2024 13:38

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Launches GBP250 million second tranche of its GBP1 billion share buyback programme. The first tranche, also for GBP250 million, started at the end of July and is expected to be completed during September or October, Reckitt says. The second tranche will begin immediately afterward. It will be run by Numis Securities Ltd, while the first tranche was run by JP Morgan Securities PLC.

Current stock price: 4,527.00 pence

12-month change: down 22%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights reserved.


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