Source - Alliance News

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Begins £250 million second tranche of its £1 billion share buyback programme on Tuesday, to be completed by December 20. Reckitt says it has completed the first tranche, also for £250 million, which had started at the end of July, buying back 5.7 million shares at an average of £44.21 per share. The second tranche will be run by Numis Securities Ltd, while the first tranche was run by JP Morgan Securities PLC.

Current stock price: 4,554.00 pence

12-month change: down 21%

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