Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksReckitt Share News (RKT)

Share Price Information for Reckitt (RKT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,487.00
Bid: 4,487.00
Ask: 4,490.00
Change: 35.00 (0.79%)
Spread: 3.00 (0.067%)
Open: 4,475.00
High: 4,512.00
Low: 4,446.00
Prev. Close: 4,452.00
RKT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Director dealings: Diversified Energy board members invest, Reckitt CFOs cover tax bills

Wed, 31st May 2023 14:09

(Sharecast News) - Reckitt Benckiser was at the top of the list of director sells on Wednesday, after both its outgoing and incoming finance chiefs offloaded large tranches of shares to cover tax liabilities.

The consumer products giant said its current chief financial officer Jeff Carr picked up 40,000 shares at nil cost under the 2015 long-term investment plan, while its CFO-designate Kris Licht vested 25,000 nil-cost shares.

Carr then sold 19,203 shares at 6,290.86p each to cover tax liabilities, netting a total of £1,208,033.65.

Licht, meanwhile, offloaded 12,842 shares also for tax purposes, also at 6,290.86p apiece, for a transaction value of £807,872.11.

On the buying side of things, Diversified Energy disclosed a pair of large investments made by two of its directors.

It said president and chief executive officer Rusty Hutson, Jr bought 176,951 shares on the open market at 83.52p each, valuing the transaction at £147,789.48.

"Following this purchase, Mr Hutson is now interested in 24,079,841 ordinary shares, representing approximately 2.479% of the company's issued share capital," the firm said in its filing.

Independent non-executive chair David Johnson, meanwhile, added 10,000 shares to his holding at a price of 83.08p apiece, making that investment worth £8,308.00.

It said after that purchase, Johnson was now interested in 460,000 of its ordinary shares, representing about 0.047% of its issued share capital.

At 1415 BST, shares in Reckitt Benckiser Group were up 0.32% at 6,310p, while those in Diversified Energy Company were 1.43% firmer at 85.05p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Reckitt Benckiser Group

Name: Jeff Carr

Volume: 19,203

Price: 6,290.86p

Value: £1,208,033.65

Company: Reckitt Benckiser

Name: Kris Licht

Volume: 12,842

Price: 6,290.86p

Value: £807,872.11

Company: London Stock Exchange Group

Name: York Holdings II

Volume: 8,945

Price: 8,484.92p

Value: £758,976.09

Company: Intertek Group

Name: Andre Lacroix

Volume: 14,790

Price: 4,195p

Value: £620,440.50

DIRECTOR BUYS

Company: Intertek Group

Name: Andre Lacroix

Volume: 31,468

Price: 4,195p

Value: £1,320,082.60

Company: Diversified Energy Company

Name: Rusty Hutson, Jr

Volume: 176,951

Price: 83.52p

Value: £147,789.48

Company: Supermarket Income REIT

Name: Tilford Holdings

Volume: 40,398

Price: 79.21p

Value: £31,999.26

Company: British American Tobacco

Name: Julia Wheaton

Volume: 840

Price: 2,605p

Value: £21,882.00

Company: SSP Group

Name: Tim Lodge

Volume: 4,840

Price: 264.48p

Value: £12,800.83

Company: Diversified Energy Company

Name: David Johnson

Volume: 10,000

Price: 83.08p

Value: £8,308.00

More News
29 Feb 2024 09:49

RBC Capital Markets lowers target price on Reckitt

(Sharecast News) - Analyst at RBC Capital Markets lowered their target price on consumer goods company Reckitt from 7,500.0p to 7,000.0p on Thursday but reiterated their 'outperform' rating on the stock, stating it was currently "bruised but undervalued".

Read more
29 Feb 2024 09:18

LONDON BROKER RATINGS: Barclays cuts Direct Line to equal weight

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
29 Feb 2024 07:45

LONDON BRIEFING: Stocks called up following slew of FTSE 100 earnings

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, after a slew of earnings from a range of FTSE 100 companies.

Read more
28 Feb 2024 16:52

LONDON MARKET CLOSE: FTSE 100 down as Reckitt, St James's Place plunge

(Alliance News) - Stock prices in London closed lower on Wednesday, with some poorly-received updates from high profile names keeping a lid on enthusiasm, ahead of a key US inflation reading on Thursday.

Read more
28 Feb 2024 15:01

London close: Stocks slip as US GDP growth decelerates

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

Read more
28 Feb 2024 11:52

LONDON MARKET MIDDAY: FTSE 100 takes hit from disappointing earnings

(Alliance News) - Stock prices in London were lower at midday Wednesday, as investors nervously wait for some key US data.

Read more
28 Feb 2024 09:40

Fourth-quarter sales disappoint at Reckitt, shares slide

(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations.

Read more
28 Feb 2024 08:58

LONDON MARKET OPEN: Stocks fall; St James's Place plummets

(Alliance News) - Stock prices in London opened in the red on Wednesday, following some disappointing results from large-cap constituents, with the market awaiting key US data.

Read more
28 Feb 2024 08:42

TOP NEWS: Reckitt shares fall 10% after 4th quarter sales fall short

(Alliance News) - Shares in Reckitt Benckiser Group PLC on Wednesday tumbled after it reported a surprise fall in sales after an "unsatisfactory" fourth quarter.

Read more
28 Feb 2024 07:48

LONDON BRIEFING: Reckitt revenue misses; Halfords profit warning

(Alliance News) - Stocks in London are set to open flat on Wednesday, with investors awaiting US data which will inform expectations of the path of interest rates in the world's largest economy.

Read more
27 Feb 2024 09:12

Wednesday preview: US Q4 GDP, Reckitt Benckiser in focus

(Sharecast News) - All eyes on Wednesday will be on a revised reading for fourth quarter U.S. gross domestic product growth.

Read more
21 Feb 2024 15:14

UK earnings, trading statements calendar - next 7 days

Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Mondi PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
Friday 23 February 
City of London Investment Group PLCHalf Year Results
Irish Residential Properties REIT PLCFull Year Results
Standard Chartered PLCFull Year Results
Monday 26 February 
Base Resources LtdHalf Year Results
Bunzl PLCFull Year Results
EnSilica PLCHalf Year Results
Kosmos Energy LtdFull Year Results
Made Tech Group PLCHalf Year Results
Tristel PLCHalf Year Results
Tuesday 27 February 
abrdn Equity Income Trust PLCFull Year Results
abrdn PLCFull Year Results
Croda International PLCFull Year Results
Kitwave Group PLCFull Year Results
McBride PLCHalf Year Results
PCI-PAL PLCHalf Year Results
Smith & Nephew PLCFull Year Results
Synectics PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Wednesday 28 February 
AB Dynamics PLCTrading Statement
ASA International Group PLCTrading Statement
Aston Martin Lagonda Global Holdings PLCFull Year Results
Avingtrans PLCHalf Year Results
Bluefield Solar Income Fund LtdHalf Year Results
Derwent London PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Grit Real Estate Income Group LtdHalf Year Results
Hutchmed China LtdFull Year Results
International Personal Finance PLCFull Year Results
Just Eat Takeaway.com NVFull Year Results
Primary Health Properties PLCFull Year Results
Reckitt Benckiser Group PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
RHI Magnesita NVFull Year Results
St James's Place PLCFull Year Results
Taylor Wimpey PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
31 Jan 2024 09:11

Reckitt Benckiser repurchases GBP250 million shares in buyback plan

(Alliance News) - Reckitt Benckiser Group PLC on Wednesday confirms the successful completion of the first tranche of its GBP1 billion share buyback programme, and said it has brought back GBP250 million in shares.

Read more
31 Jan 2024 07:46

LONDON BRIEFING: Stocks called up; GSK revenue and profit up

(Alliance News) - Stocks in London are called to open higher, as markets share of nerves around the next set of interest rate decisions.

Read more
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.