Reckitt Updates Share Count After Latest Buyback

Tip Ranks
2026.05.05 06:38
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Reckitt Benckiser Group plc has repurchased 93,264 ordinary shares on May 1, 2026, under a shareholder buyback authority, bringing its treasury shares to 33,653,822. The total number of ordinary shares in issue is now 640,351,930, affecting regulatory disclosure thresholds. Analysts rate Reckitt stock (GB:RKT) as a Buy with a £60.00 price target, while TipRanks’ AI Analyst gives it a Neutral score due to improved financial performance but notes concerns over technicals and near-term cash flow pressures. Reckitt specializes in health, hygiene, and home products, with a market cap of £30.2B.