REG - Reckitt Benckiser Gp - 2025 SHARE BUYBACK PROGRAMME – SECOND TRANCHE

Reckitt BenckiserAnnouncement

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RNS Number : 8935A  Reckitt Benckiser Group PLC  26 September 2025

26 September 2025

 

RECKITT BENCKISER GROUP PLC

 

2025 SHARE BUYBACK PROGRAMME - SECOND TRANCHE

 

On 24 July 2025, Reckitt Benckiser Group plc ("Reckitt" or the "Company")
announced its latest £1 billion 2025 share buyback programme (the
"Programme") to complete over the next 12 months, the purpose of which is to
increase returns to shareholders and to reduce the share capital of Reckitt.
On 28 July 2025, Reckitt announced the details  of a first tranche of the
Programme to return up to £250 million of capital to shareholders (the "First
Tranche").

 

In accordance with the Company's general authority to make market purchases of
existing ordinary shares of 10 pence each in the share capital of the Company
(the "Ordinary Shares") as granted by shareholders at the Company's Annual
General Meeting on 8 May 2025, the Company will purchase no more than
68,400,000 Ordinary Shares.

 

Reckitt today announces its intention to commence a second tranche of the
Programme (the "Second Tranche") which will return a further £250m of capital
to shareholders, to begin on the day following completion of the First Tranche
(anticipated being during October 2025) and which is expected to end no later
than 30 January 2026. All shares repurchased under the Second Tranche will be
held in Treasury until completion of the Second Tranche at which time they
will be cancelled.

 

Reckitt announces that it has entered into an agreement with BNP Paribas under
which it has issued an instruction to BNP Paribas to manage the second tranche
of the Programme.  BNP Paribas will, acting as riskless principal, purchase
Ordinary Shares for an aggregate purchase price of no greater than £250
million and will simultaneously sell such Ordinary Shares on to the Company.

 

Any purchase of Ordinary Shares in relation to this announcement will be
carried out on the London Stock Exchange and Multilateral Trading Facilities,
as defined by the Directive 2014/65/EU on markets in financial instruments
(including the delegated and implementing acts adopted under it) as
implemented, retained, amended, extended, re-enacted or otherwise given effect
in the United Kingdom from 1 January 2021 and as amended or supplemented in
the United Kingdom thereafter, and executed in accordance with the Listing
Rules and Reckitt's general authority to make market purchases of Ordinary
Shares. The shares will be purchased in accordance with the price and volume
conditions set out in the Commission Delegated Regulation (EU) 2016/1052 of 8
March 2016 supplementing Regulation (EU) No 596/2014 of the European
Parliament and of the Council with regard to regulatory technical standards
for the conditions applicable to buyback programmes and stabilisation measures
as implemented, retained, amended, extended, re-enacted or otherwise given
effect in the United Kingdom from 1 January 2021 and as amended or
supplemented in the United Kingdom thereafter.

 

Reckitt will announce any market repurchase of Ordinary Shares no later than
7.30 a.m. on the business day following the calendar day on which the
repurchase occurred. To the extent permitted by law, Ordinary Shares purchased
under the first tranche of the Programme will be held in Treasury until
completion of the Secon Tranche at which time they will be cancelled. For the
avoidance of doubt, no repurchases will be made in respect of the Company's
American Depository Receipts.

 

Any further tranches of the Programme, which may be conducted after completion
of this Second Tranche, will be announced in due course.

 

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

 

For further Information:

 

Catheryn O'Rourke

Company Secretary

 

Tel +44 (0) 1753 217 800

 

 

Nick Ashworth

Investor Relations Director

 

Tel. +44 (0) 7408 812350

 

 

About Reckitt*:

 

We make the products people trust to care for the ones they love. We are home
to some of the world's best-loved consumer health and hygiene brands,
including Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen,
Strepsils, Vanish and Veet. Consumers are at the heart of everything we do. By
creating innovative, science-backed solutions, we support people every day to
live healthier lives.

 

Reckitt exists to protect, heal and nurture in the pursuit of a cleaner,
healthier world. This commitment goes beyond the products we make. Through our
actions, we expand access to healthcare, education and economic opportunities.
We support the planet by reducing waste, conserving resources and driving
sustainable innovation.

 

We believe good health starts at home. With every action we take, we strive to
make our consumers' lives easier, cleaner and healthier, to strengthen
communities and to create a more sustainable future.

 

* Reckitt is the trading name of the Reckitt Benckiser group of companies

 

Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108

 

 

 

 

 

 

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