London, Feb 11, 2026, 09:03 GMT — Regular session
- Reckitt shares climbed roughly 0.7% in early London trading, outperforming the weaker European market.
- Investors continue to prepare for the 235p-a-share special dividend scheduled for Feb. 20, along with the accompanying share consolidation.
- Next up: the company’s March results, plus any updated guidance on 2026 margins and litigation risks.
Shares of Reckitt Benckiser Group Plc (RKT) climbed roughly 0.7% to 6,358 pence in early London trading on Wednesday. The consumer health and hygiene firm held steady even as broader European markets edged lower. No new regulatory updates came from the company that day. (London South East)
Investors are still digesting Reckitt’s plan to return cash following the sale of its Essential Home business. The company announced a special dividend of 235 pence per share, payable on Feb. 20, alongside a 24-for-25 share consolidation. This technical adjustment cuts the number of shares to help the share price align with the cash leaving the business. (London South East)
Shareholders approved both proposals in late January, with 99.99% voting in favor of the special dividend and 99.96% supporting the share consolidation, according to a filing. (London South East)
The STOXX 600 dropped across the region, weighed down by tech stocks as investors digested a series of earnings and guidance reports. Dassault Systèmes took a hit following its quarterly results, Reuters reported. (Reuters)
Reckitt’s shares fluctuated between about 6,333 pence and 6,390 pence during the session, following a prior close at 6,316 pence, based on data from Hargreaves Lansdown. (Hargreaves Lansdown)
Reckitt has been active in buying back stock. On Feb. 2, the company announced it finished the second tranche of its £1 billion share buyback program, acquiring 3,461,470 shares between Oct. 22 and Jan. 28 at an average price of £59.46 each. (London South East)
Reckitt confirmed the share consolidation took effect on Feb. 2. The new ordinary shares were set to begin trading that same morning, with total voting rights updated to match, the company said. (London South East)
The road ahead isn’t straightforward. In January, RBC Capital Markets analyst James Edwardes Jones warned that “our new forecasts for Reckitt are not the finished article,” citing uncertain 2026 margins following the Essential Home sale. RBC factored in a 60 basis point hit to EBIT margin—the operating profit—and highlighted U.S. NEC litigation linked to Mead Johnson, modeling a £2 billion global settlement. The bank also noted Reckitt’s valuation appears roughly on par with peers like Haleon and Nestle. (Investing.com UK)
For traders, this means a two-way tape: dividend adjustments can skew the share price, and any shifts in consumer demand or costs would rapidly reflect in the figures.
Reckitt is set to report earnings on March 5, with a special dividend payment on February 20 still shaping near-term market moves. (Investing)
