London, Feb 1, 2026, 09:15 GMT — The market has closed.
- Reckitt Benckiser closed Friday 1.67% higher at 6,092p, outperforming the FTSE 100.
- On Feb. 2, shares will go ex a 235p special dividend and undergo a 24-for-25 consolidation.
- Investors are eyeing Reckitt’s full-year results set for March 5.
Reckitt Benckiser Group plc shares ended Friday at 6,092 pence, gaining 100 pence. The stock moves into a week packed with corporate actions, which could shake up prices and short-term trading patterns. (Source: Hl)
The timing is crucial since Monday marks the first day the stock trades without the right to a one-off cash payout. This shift can alter who holds the shares and how quick-turn funds adjust their hedges, even if the underlying business remains unchanged.
Reckitt is set to pay a special dividend of 235 pence per share alongside a share consolidation that will exchange 25 existing shares for 24 new ones. The stock will go ex-special dividend at 8:00 a.m. London time on Feb. 2, with trading in the new shares starting that same morning, according to a company circular. (Source: Investegate)
“Ex-dividend” means anyone buying the stock on or after that date won’t receive the dividend. Firms often link a special dividend with a consolidation to maintain the share price around the same level, but the opening can be volatile and early quotes may deceive.
Reckitt announced that shareholders gave the green light to the special dividend and stock consolidation at the general meeting held on Jan. 27. (Source: Investegate)
Friday’s gains for Reckitt came amid a broader upswing in London stocks, with the FTSE 100 ending 0.51% higher. The company closed the day 2.7% shy of its 52-week peak, while trading volume ran below its recent average, according to market data. (Source: Marketwatch)
For long-term investors, the corporate action boils down to simple math: cash in hand, a smaller share count on the books, and—at least on paper—about the same overall ownership, aside from rounding and transaction fees.
The catch is in the “roughly” bit. If the opening auction gaps, spreads widen, or index and derivatives adjustments don’t sync up perfectly, the stock might stray beyond fair value for a while. That can hit hard for anyone relying on tight stops or leverage.
The real challenge after Monday lies in the fundamentals. Reckitt will release its full-year results on March 5, followed by a management briefing for investors at the London Stock Exchange that same morning. (Source: Reckitt)
