Reckitt Benckiser Group plc

RB.

GB00B24CGK77

Household Products

Market Closed - London S.E. Other stock markets 11:35:21 2024-04-29 am EDT			5-day change	1st Jan Change
4,457 ^GBX	+0.77%		+4.48%	-17.77%

Apr. 26	RECKITT : Deutsche Bank sticks Neutral	ZD
Apr. 26	Deutsche Bank Research Cuts Reckitt Benckiser Group, Keeps Hold Rating	MT

Reckitt completes share buyback second tranche, begins third

April 04, 2024 at 08:28 am EDT

Reckitt Benckiser Group PLC - Slough, England-based consumer goods company - Completes the GBP250 million second tranche of its GBP1 billion wider share buyback programme, which was announced in October last year. Under the second tranche, it buys back 4.9 million shares at an average price of GBP51.42 each. Also confirms that it has begun the third tranche to repurchase up to GBP500 million in shares, ending on or before July 31. The maximum number of shares it can buy back under the third tranche is 62.5 million.

Current stock price: 4,302.00 pence, up 1.9%

12-month change: down 31%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Reckitt Benckiser Group plc

RECKITT : Deutsche Bank sticks Neutral	Apr. 26	ZD
Deutsche Bank Research Cuts Reckitt Benckiser Group, Keeps Hold Rating	Apr. 26	MT
Peel Hunt cuts ConvaTec to 'reduce'	Apr. 26	AN
RECKITT BENCKISER GROUP : Good Q1 24 underpinned by clear volume recovery	Apr. 25
RECKITT : Goldman Sachs remains Neutral	Apr. 25	ZD
RECKITT : Deutsche Bank reiterates its Neutral rating	Apr. 25	ZD
RECKITT : Berenberg reiterates its Neutral rating	Apr. 25	ZD
RECKITT : Barclays keeps its Buy rating	Apr. 25	ZD
Miner Anglo American reviews takeover bid from rival BHP	Apr. 25	AN
Miner Anglo American eyes rival BHP takeover	Apr. 25	AN
European Equities Close Lower in Wednesday Trading; Kering Shares Drop After Q1 Results 'Worsened Considerably'	Apr. 24	MT
No record close for FTSE 100; mixed trade in US	Apr. 24	AN
No record close for FTSE 100; mixed trade in US	Apr. 24	AN
UK's FTSE 100 Closes Little Changed Amid Rise in Manufacturing Sentiment	Apr. 24	MT
Global markets live: Heineken, AT&T Hasbro, Visa, Boeing...	Apr. 24
Dpa-AFX Overview: COMPANIES from 24.04.2024 - 15:15	Apr. 24	DP
RECKITT : Goldman Sachs reaffirms its Neutral rating	Apr. 24	ZD
RECKITT : RBC maintains a Buy rating	Apr. 24	ZD
RECKITT : Gets a Buy rating from Barclays	Apr. 24	ZD
RECKITT : Bernstein reiterates its Buy rating	Apr. 24	ZD
Investors shake off pre-US inflation nerves	Apr. 24	AN
RECKITT : Buy rating from UBS	Apr. 24	ZD
Repeat & Correct : Reckitt Benckiser LFL Revenue Beats Expectations Despite Lower Volumes -- Update	Apr. 24	DJ
RECKITT : Jefferies reiterates its Neutral rating	Apr. 24	ZD
FTSE 100 keeps the momentum going	Apr. 24

Chart Reckitt Benckiser Group plc

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Company Profile

Reckitt Benckiser Group plc specializes in the production and marketing of household cleaning products. The group also produces and sells personal care products and OTC remedies. Net sales break down by product family as follows: - OTC and health products (41.5%): antiseptic products (no. 1 worldwide; Dettol brand), OTC products (Gaviscon, Mucinex, Strepsils, Clearasil, etc.), intimate wellness products (Durex, K-Y and Queen V brands), vitamins, minerals and dietary supplements (Airborne, Move Free and Neuriva brands), analgesics (Nurofen brand), and personal care products (Veet brand); - hygiene and household cleaning products (41.2%): toilet and bathroom cleaning products (Cillit Bang and Harpic brands), disinfectants and surface cleaners (no. 1 worldwide in disinfectant cleaners; Dettol, Lysol and Veja brands), deodorants and anti-parasitics (no. 2 worldwide; Air Wick, Mortein and SBP brands), dishwashing products (no. 1 worldwide; decalcifying salts, anti-corrosion products, strippers, etc.; Calgonit and Finish brands), laundry detergents, fabric softeners and ironing aids (Vanish, Calgon and Woolite brands); - nutrition products (17.3%): primarily infant nutrition products (Enfamil, Enfagrow, Enfinitas and Nutramigen brands). Net sales break down geographically as follows: the United Kingdom (5.4%), the United States (31.8%) and other (62.8%).

Sector

Household Products

Calendar

2024-05-02 - Annual General Meeting

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

More about the company

Income Statement Evolution

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Analysis / Opinion

RECKITT BENCKISER GROUP : Good Q1 24 underpinned by clear volume recovery

April 25, 2024 at 02:04 pm EDT

A lost decade for Reckitt Benckiser

March 20, 2024 at 10:18 am EDT

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Ratings for Reckitt Benckiser Group plc

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

44.23 GBP

Average target price

56.29 GBP

Spread / Average Target

+27.28%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Household Products

	1st Jan change	Capi.
RECKITT BENCKISER GROUP PLC	-17.77%	38.86B
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THE CLOROX COMPANY	+3.79%	18.18B
PT UNILEVER INDONESIA TBK	-26.63%	6.09B
REYNOLDS CONSUMER PRODUCTS INC.	+6.89%	5.98B
WD-40 COMPANY	-6.37%	3.06B
LION CORPORATION	+5.20%	2.42B
JYOTHY LABS LIMITED	-10.01%	1.85B
SANO BRUNO'S ENTERPRISES LTD	+27.19%	936M
EARTH CORPORATION	-4.16%	618M

Other Household Products

Reckitt Benckiser Group plc

Equities

RB.

GB00B24CGK77

Household Products

Reckitt completes share buyback second tranche, begins third

EPS Revisions