Rentokil jumps after quarterly revenue growth, sets $200 million buyback
Today 08:15
BUZZ-Rentokil jumps after quarterly revenue growth, sets $200 million buyback ** Shares of pest control firm Rentokil Initial RTO.L up 7.2% at 337.2 p - stock top gainer on FTSE 100 .FTSE
** RTO reports Q3 group organic revenue growth of 3.4% on a restated basis, reflecting the sale of SOLitude Lake Management and other minor business disposals
**Company also approves a $200 million share buyback programme and expects to complete it by its year-end results
** YTD, stock down ~30%
(Reporting by Tuhina)
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