Source - Alliance News

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Prepares to start £500 million third and final tranche of the £1 billion share buyback programme it announced back in July. Reckitt completed a first tranche of £250 million at the start of October and expects to complete the £250 million second tranche this month. The third tranche will be run by HSBC Bank PLC and start once the second tranche is completed. The second tranche was run by Numis Securities Ltd and the first tranche by JP Morgan Securities.

Current stock price: 4,703.00 pence

12-month change: down 13%

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