London, 08:15 GMT, January 27, 2026 — Regular session
- Shares of Reckitt slipped in early London trading after the company denied reports of a product recall in the Philippines.
- The company said the infant formula cited in the article isn’t registered or sold domestically.
- Traders are focused on an upcoming shareholder vote concerning a special dividend plan and a share consolidation.
Shares of Reckitt Benckiser Group RKT.L slipped about 0.3% to 5,938 pence in early London trading on Tuesday.
The move follows a brief spate of product safety headlines—precisely the type that consumer health groups tend to zero in on fast. Reckitt maintains there’s no issue, yet investors are cautious, watching the infant nutrition segment closely.
Reckitt is amid a busy stretch of corporate actions and capital returns. In this environment, even a brief rumour can divert attention — and money — away from the bigger story.
Reckitt pushed back Monday in a regulatory filing, denying any product recall in the Philippines. The company said a recent media report was inaccurate. It pointed out that the Mead Johnson Nutrition product mentioned — Enfamil ProSobee Simply Plant-Based Infant Formula — “is not registered and marketed in the Philippines.” Investegate
Reckitt’s daily buyback update Tuesday morning showed the firm repurchased 51,050 shares on Jan. 26. The volume-weighted average price was 5,876.10 pence, with individual shares bought for as low as 5,736 pence.
On Monday, another filing showed the group snapped up 49,670 shares on Jan. 23, at an average price of 6,038.33 pence apiece.
Reckitt’s lineup features consumer health and hygiene names such as Dettol, Finish, Lysol, and Durex, alongside its Mead Johnson Nutrition unit. The statement from the Philippines referred to just one product cited in the media report, not a wider change across the company’s range.
Still, the incident underscores the risks. The company hasn’t pinpointed where the report came from, and inquiries from regulators or retailers could keep the stock jittery. That holds, despite the group’s insistence that no recall is underway.
Reckitt is set for a crucial shareholder meeting on Tuesday to approve a 235 pence special dividend and a 24-for-25 share consolidation. The share consolidation will reduce the number of shares, aiming to keep the stock price stable after the cash payout linked to the Essential Home divestment. The company said it will announce the vote results once the meeting wraps up.
Reckitt is set to release its full-year results on March 5.
