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IN BRIEF: Reckitt Benckiser completes £1 billion share buyback

ALN

Reckitt Benckiser Group PLC - Uxbridge, England-based consumer goods maker with products including Nurofen painkillers, Strepsils throat sweets and Dettol antiseptic - Completes £1 billion share buyback programme started at the end of July last year. In the third and final tranche of the buyback, Reckitt buys back 11.1 million at an average price of £48.55, worth £540.0 million, between March and June. The shares repurchased in the third tranche are being held in treasury. Reckitt says it will make a further announcement about any further share buyback programme with its interim results, scheduled for July 29.

Current stock price: 4,624.00 pence for £29.36 billion market capitalisation

12-month change: down 13%

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