Reckitt climbs ahead of July 29 buyback, investors look at cash return math
Reckitt Benckiser Group plc climbed on Tuesday, trading above the average repurchase price from the latest part of its £1 billion buyback. With shares up, the next move on capital returns is back on the table ahead of half-year results. Reckitt finished after hours with a 5,206p bid and a 5,208p offer, up 106p, or 2.08%, according to Hargreaves Lansdown. HL’s page logged the FTSE 100 up 0.13%. Reckitt closed last session at 5,088p, volume came in at 1,060,707 shares, giving a £32.98 billion market cap.