Source - Alliance News

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Completes second tranche of £1 billion share buyback programme. Reckitt buys back a total of 5.3 million shares at average £47.55 each, worth £250.0 million, between October 2 and Tuesday. It will start the £500 million third and final buyback tranche on Thursday, intending to complete it by June 30. Reckitt completed a first tranche of £250 million at the start of October. The third tranche will be run by HSBC Bank PLC. The second tranche was run by Numis Securities Ltd and the first by JP Morgan Securities.

Current stock price: 4,786.00 pence, up 1.8% in London on Wednesday

12-month change: down 11%

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