London, January 11, 2026, 08:24 GMT — The market has closed.
- Shares closed Friday up 0.1%, reaching 6,176 pence following a fresh 52-week peak
- The latest RNS revealed a fresh, modest portion of buybacks as part of its ongoing programme
- Investors are focused on the Jan. 27 shareholder vote and the Feb. 2 ex-special dividend date
Reckitt Benckiser Group plc shares wrapped up the week mostly flat, hovering near a new high following a routine update on share buybacks. The stock finished Friday at 6,176 pence, a slight 0.1% gain, after hitting a peak of 6,262 pence earlier in the session. (Investing)
This is crucial now as the buyback wave clashes with a major corporate event — dates like these usually draw in short-term capital. With the market closed over the weekend, traders have little else to react to.
Reckitt plans a 235 pence special dividend, roughly £1.6 billion, along with a 24-for-25 share consolidation, pending shareholder approval. According to the schedule in the circular, the vote is set for Jan. 27, shares will trade ex-dividend on Feb. 2, and the payout is expected on Feb. 20. (Eurolandir)
Reckitt revealed in a separate RNS statement on Friday that it purchased 49,000 shares on Jan. 8 via BNP Paribas, at prices ranging from 6,010 to 6,180 pence each. The company said these shares will be held in treasury—retained rather than cancelled—bringing its treasury stock to 29,922,613 shares. This leaves 672,166,726 shares outstanding, excluding those in treasury. (Investegate)
The planned payout comes after the sale of Reckitt’s Essential Home business to Advent International, with Reckitt keeping a 30% equity stake. CEO Kris Licht described the move as “a major step forward” as the company sharpens its focus on health and hygiene brands, according to a statement. (Eurolandir)
Share consolidations often appear strange on charts, yet they’re mostly just mechanical adjustments. Investors end up with fewer shares, each priced higher, and ideally, the total value remains roughly the same once cash is removed from the company.
By Friday’s close, the 235 pence special dividend represented about 3.8% of the share price, not accounting for any stock price changes. The buyback programme also provides support, despite the relatively modest daily volume of shares repurchased.
Investors remain focused on how the restructured Reckitt performs now that the slower homecare division is out of the picture. The company is set to release full-year results on March 5, followed by an investor presentation at 08:30 GMT at the London Stock Exchange, Reckitt confirmed. (Reckitt)
Traders are eyeing a straightforward setup: Friday’s peak at 6,262 pence stands as the immediate ceiling, while the 6,000 pence mark has consistently attracted buyers during pullbacks. These benchmarks, however, are set to become less clear-cut when the stock switches to consolidated trading in February.
But shareholder approval is still required, and corporate moves could trigger delays or settlement issues that catch short-term traders off guard. A weaker outlook in March would also challenge the rally, especially with shares near a 52-week peak.
