Reckitt Benckiser to Return Some $2.2 Billion to Shareholders Following Essential-Home Sale
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Reckitt Benckiser plans to return approximately £1.6 billion ($2.16 billion) to shareholders through a special dividend after selling its essential-home business to Advent International for up to $4.8 billion. The proposed dividend is set at 235 pence per share and will be paid by the end of this month. This special dividend complements Reckitt's ongoing share buyback program and ordinary dividend policy.
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