Source - Alliance News

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Launches £250 million second tranche of its £1 billion share buyback programme. The first tranche, also for £250 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%

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