London, January 30, 2026, 08:06 GMT — Regular session
- Reckitt Benckiser shares edged up roughly 0.3% in early London trading.
- Investors are zeroing in on Friday’s record timing for a 235 pence-per-share special dividend, along with a related share consolidation.
- The company revealed new buybacks as part of its £1 billion programme.
Shares of Reckitt Benckiser Group Plc edged higher in early London trading on Friday, last seen gaining roughly 0.3% to 6,012 pence. (Investing)
What really counts here is the timing, not the price action. The stock faces a firm cutoff to claim a 235 pence-per-share special dividend. Investors must be registered by 6 p.m. London time to qualify, with shares going ex-dividend on Monday. (Investegate)
Reckitt announced Thursday it bought 58,785 shares at an average price of 5,953.57 pence, pressing on with steady repurchases as the month closes. The company confirmed the shares will be held in treasury. (Investegate)
These daily buys are part of the second £250 million tranche of Reckitt’s 2025 buyback programme, set to wrap up by January 30 at the latest. BNP Paribas is handling this tranche as a riskless principal, purchasing shares and then selling them directly to Reckitt, according to the September announcement. (Investegate)
The special dividend and the associated share consolidation have passed a major corporate milestone. Reckitt announced earlier this week that shareholders gave near-unanimous approval to both measures during a poll at the general meeting held on January 27. (Investegate)
A share consolidation works like a reverse split: investors end up with fewer shares, but the company tries to keep the per-share price “broadly similar” following a hefty one-off dividend payment. Ex-dividend means anyone buying shares after that date won’t get the payout.
These are mechanical actions, not a promise of smooth trading. The share price usually reflects the cash leaving the company, but short-term swings can be more volatile than the dividend calculations suggest—especially if broader markets stumble or positions become crowded.
The payout hinges on the sale of Reckitt’s Essential Home business, which the company confirmed was finalized on December 31. (Reckitt)
Apart from the dividend strategy, investors are keenly awaiting updates on the buyback after the current tranche wraps up, particularly whether Reckitt plans to roll out another round of repurchases.
Reckitt is set to release its full-year results on March 5, marking the next major fundamental event. (Reckitt)