Reckitt Benckiser Group (RKT)

Sector:

Household Goods

Index:

FTSE 100

4,593.00p
   
  • Change Today:
    -25.00p
  • 52 Week High: 6,524.00p
  • 52 Week Low: 4,110.00p
  • Currency: UK Pounds
  • Shares Issued: 704.11m
  • Volume: 4,484,017
  • Market Cap: £32,340m

Indivior says £1.1bn Reckitt claim 'without merit'

By Michele Maatouk

Date: Monday 30 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Indivior said on Monday that a £1.1bn claim against it by consumer goods group Reckitt Benckiser, which has yet to be served on the opioid addiction treatment maker, is "without merit" and that it has "strong grounds" for defending itself should the claim be served.
The company, which was spun off from Reckitt in 2014, said last week that the claim related to an indemnity contained in the demerger agreement they entered into then.

"If the claim is served, Indivior will fully and vigorously defend itself in any proceedings related to the claim," it said on Monday.

Indivior, which makes opioid addiction treatment Suboxone Film, noted comments in the press by Reckitt, stating that it "regularly takes certain procedural steps to preserve potential claims".

At 0805 GMT, Indivior shares were up 2.8% at 102.58p, having tanked on Friday on news of the claim.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Reckitt Benckiser Market Data

Currency UK Pounds
Share Price 4,593.00p
Change Today -25.00p
% Change -0.54 %
52 Week High 6,524.00p
52 Week Low 4,110.00p
Volume 4,484,017
Shares Issued 704.11m
Market Cap £32,340m

Reckitt Benckiser Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.89% below the market average29.89% below the market average29.89% below the market average29.89% below the market average29.89% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Price Trend
56.46% below the market average56.46% below the market average56.46% below the market average56.46% below the market average56.46% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Income
55.61% above the market average55.61% above the market average55.61% above the market average55.61% above the market average55.61% above the market average
68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average
Growth
34.29% above the market average34.29% above the market average34.29% above the market average34.29% above the market average34.29% above the market average
46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 8
Sell 0
Strong Sell 1
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reckitt Benckiser Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 03-Aug-23
Paid 24-May-24 15-Sep-23
Amount 115.90p 76.60p

Trades for 17-May-2024

Time Volume / Share Price
13:48 1,637,646 @ 4,609.00p
13:47 1,637,646 @ 4,609.00p
16:51 1,216 @ 4,593.00p
16:51 67 @ 4,593.00p
16:36 30,405 @ 4,593.00p

Reckitt Benckiser Key Personnel

Chair Jeremy Darroch
CEO Kris Licht

Top of Page