Reckitt shares gain as buyback gives support before July update
Reckitt shares rose 1.38% to 4,643p in London Friday, outpacing the FTSE 100’s 0.93% gain after the company disclosed a buyback of 194,500 shares at an average 4,615.90p each. Reckitt now holds 38.7 million treasury shares. Investors await July’s half-year results for signs of growth after mixed Q1 figures and continued portfolio changes.