Reckitt Benckiser gains as investors look at buyback and dividend after hitting 52-week low
Reckitt shares traded at 4,577p in London Wednesday, up 0.8% after the company bought back 205,000 shares on June 9. The stock remains well below its January high, having hit a 52-week low two days earlier. Investors are watching whether buybacks and a 127.80p dividend, due June 12, will offset slow first-quarter growth and weak Europe results.