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Share Repurchase Programme

4 Mar 2016 17:40

RNS Number : 1715R
Reckitt Benckiser Group PLC
04 March 2016
 

4th March 2016

 

Reckitt Benckiser Group plc

Share Repurchase Programme

 

 

Reckitt Benckiser Group plc ("RB") announces that pursuant to the share repurchase programme of RB's ordinary shares of 10 pence each (the "Ordinary Shares") to offset the dilutive impact of employee share schemes announced on 30th December 2015 (the "Programme"), it has entered into an irrevocable, non-discretionary arrangement with Deutsche Bank AG, London Branch ("Deutsche Bank") to enable the purchase of up to 6,000,000 Ordinary Shares representing approximately 0.85% of RB's current issued share capital (excluding treasury shares) during the period running from 7th March 2016 and ending no later than 4th May 2016.

 

Any purchase of Ordinary Shares done in relation to this announcement will be carried out on the London Stock Exchange and executed in accordance with the Listing Rules and RB's general authority to make market purchases of Ordinary Shares. RB will announce any market repurchase of Ordinary Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred. Ordinary Shares purchased under the Programme will be held in treasury.

Deutsche Bank may, for its own account, purchase and sell Ordinary Shares and enter into related hedging transactions on the London Stock Exchange or otherwise in order to manage its market exposure under the Programme. Deutsche Bank will make any disclosures it is legally required to make in relation to such transactions.

 

Contact:

Christine Logan

Company Secretary

Reckitt Benckiser Group plc

01753 217800

 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
1st Jul 20169:45 amRNSTotal Voting Rights
30th Jun 20165:17 pmRNSTransaction in Own Shares
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26th May 20165:05 pmRNSTransaction in Own Shares
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24th May 20164:58 pmRNSTransaction in Own Shares
23rd May 20165:20 pmRNSTransaction in Own Shares
23rd May 20164:03 pmRNSDirector/PDMR Shareholding
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19th May 20165:54 pmRNSTransaction in Own Shares
18th May 20165:01 pmRNSTransaction in Own Shares
18th May 20167:00 amRNSTransaction in Own Shares
17th May 20167:00 amRNSTransaction in Own Shares
13th May 20165:01 pmRNSTransaction in Own Shares
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6th May 20166:11 pmRNSDirectorate Changes
5th May 20162:36 pmRNSResult of AGM
4th May 20163:49 pmRNSHolding(s) in Company
3rd May 201610:04 amRNSTotal Voting Rights
29th Apr 20165:52 pmRNSTransaction in Own Shares
28th Apr 20166:21 pmRNSTransaction in Own Shares
27th Apr 20166:00 pmRNSTransaction in Own Shares
26th Apr 20166:10 pmRNSTransaction in Own Shares
25th Apr 20165:29 pmRNSTransaction in Own Shares

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