Reckitt share price slips as £1.6 bln special dividend clock ticks toward Friday record date
Reckitt shares fell 0.1% to 5,936 pence in early London trading ahead of Friday’s record date for a 235p special dividend. Shareholders approved the payout, a 24-for-25 share consolidation, and renewed buyback authorities at a Jan. 27 meeting. Shares will trade ex-dividend and post-consolidation from Feb. 2. The £1.6 billion cash payment is set for Feb. 20.