Rentokil Announces 200M Buyback
Rentokil Initial announced a 200 million dollar share buyback and reported 3.4 percent organic revenue growth in the third quarter. The pest control firm was helped by an improving performance in its key North American market and maintained its full-year profit outlook.
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Rentokil Initial PLC launched a $200M share buyback on Thursday morning after reporting a 3.4% rise in third-quarter organic revenue. The British pest control provider steadied performance in its primary North American division. Investors responded by pushing shares up 7.2% during the session.
