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Rentokil Initial plans share buyback of up to $200M

Shares purchased may be canceled or held in treasury and may be used to meet future employee share-scheme obligations.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

Rentokil Initial plc (RTO) will commence a share buyback programme to purchase ordinary shares with an aggregate value of up to USD 200 million. Goldman Sachs International (GSI) will purchase shares as principal under pre-set parameters and make purchase-timing decisions independently of, and uninfluenced by, the company.

Purchases will commence immediately and end no later than February 24, 2027. The programme is intended to reduce issued share capital and meet obligations under employee share schemes; shares purchased may be canceled or held in treasury and may be used for future scheme obligations. Separately, the company’s general repurchase authority granted on May 7, 2026 permits purchases of a maximum of 252,000,000 shares.

Share buyback programme value up to USD 200 million Aggregate value of ordinary shares to be purchased
Maximum repurchase authority 252,000,000 shares Maximum number authorized under the authority granted May 7, 2026
Programme end deadline February 24, 2027 Purchases will end no later than this date
share buyback programme financial
"commence a share buyback programme"
A share buyback programme is when a company uses its cash to purchase its own shares from the market, reducing the number of shares available to other investors; imagine a bakery buying back coupons so fewer are circulating. It matters because cutting the share count can boost earnings per share and increase each remaining investor’s ownership stake, and it also signals management’s view of the stock while using cash that could have been spent on other priorities.
pre-set parameters financial
"acting as principal and in accordance with certain pre-set parameters"
issued share capital financial
"reduce the issued share capital of the Company"
Issued share capital is the total value or number of a company's shares that have been created and given to investors, employees or others; think of it as the slices of a cake that have already been cut and distributed. It matters to investors because it determines ownership percentages, potential voting power and how future share sales can dilute existing holdings, affecting share value and control.
held in treasury financial
"Shares purchased under the Programme will be cancelled or held in treasury"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How large is RTO's share buyback programme?

RTO will purchase ordinary shares with an aggregate value of up to USD 200 million.

When will RTO's share buyback end?

Purchases will commence immediately and end no later than February 24, 2027.

Which markets will be used for RTO's share buyback?

GSI's contemplated purchases may take place on the London Stock Exchange, Cboe Europe Limited through the BXE and CXE order books, Aquis Stock Exchange and/or Turquoise. The company's purchases from GSI will take place on the London Stock Exchange.

What will happen to shares bought through RTO's buyback?

Shares purchased under the programme will be canceled or held in treasury and may be used to satisfy future obligations under the company's employee share schemes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
___________________
 
FORM 6-K
 
__________________
 
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of October 2026
 
Commission File Number: 001-41524
___________________________________
 
Rentokil Initial plc
(Registrant’s name)
___________________________________
 
Compass House
Manor Royal
Crawley
West Sussex RH10 9PY
United Kingdom
(Address of principal executive office)
_____________________________________
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F ☒ Form 40-F ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
 
 
 
 
 
Commencement of Share Buyback Programme dated 27 October 2026
 
  

27 October 2026               
 
Rentokil Initial plc (the “Company”)
 
Commencement of share buyback programme
 
The Company announces that, further to its announcement on 22 October 2026 of the Company's third quarter trading update for the period 1 July 2026 to 30 September 2026,  it will commence a share buyback programme to purchase ordinary shares in the Company ("Shares") with an aggregate value of up to USD 200 million (the "Programme").
 
In connection with the Programme, the Company has entered into an agreement with Goldman Sachs International (“GSI”) in relation to the purchase by GSI, acting as principal and in accordance with certain pre-set parameters, of Shares. Under this agreement, the Company has instructed GSI to purchase Shares with an aggregate value of up to USD 200 million. Purchases of the Company’s Shares pursuant to the Programme will commence immediately and will end no later than 24 February 2027. GSI will make trading decisions in relation to the Programme independently of, and uninfluenced by, the Company with regard to the timing of the purchases. Any purchase of Shares by GSI contemplated by this announcement will be carried out on the London Stock Exchange, Cboe Europe Limited through the BXE and CXE order books, Aquis Stock Exchange and/or Turquoise. Shares purchased by GSI will be on-sold by GSI to the Company, and any purchases of Shares by the Company from GSI under the Programme will be carried out on the London Stock Exchange.
 
The purpose of the Programme is to reduce the issued share capital of the Company and to meet obligations arising under the Company’s employee share schemes. Shares purchased under the Programme will be cancelled or held in treasury and may be used to satisfy future obligations arising under the Company’s employee share schemes.
 
Any purchases under the Programme shall take place in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase Shares granted by its shareholders at the Annual General Meeting on 7 May 2026 (the "2026 Authority") and any further authority to repurchase Shares as may be granted by its shareholders from time to time and Chapter 9 of the Financial Conduct Authority's UK Listing Rules. The maximum number of Shares that the Company is authorised to purchase under the 2026 Authority is 252,000,000. Purchases of Shares by GSI under the Programme shall also take place in accordance with the Market Abuse Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No 2016/1052 (each as incorporated into UK domestic law by virtue of the European Union (Withdrawal) Act 2018).
 
The Company will make further regulatory announcements to shareholders in respect of purchases of Shares under the Programme by no later than the end of the 7th daily market session following the date of such purchase.
 
Enquiries:
 
For further information, please contact:
 
Investors / Analysts:
Heather Wood, Rentokil Initial plc, +44 7808 098793
Jamie Lewis, Rentokil Initial plc, +44 7341 071944
 
Media:
Malcolm Padley, Rentokil Initial plc, +44 7788 978199
  
About Rentokil Initial plc
 
Rentokil Initial plc is a global leader in Pest Control and Hygiene & Wellbeing services. It employs c.63,400 people in 90 countries.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date: 27 October 2026
RENTOKIL INITIAL PLC
 
/s/ Rachel Canham
 
Name: Rachel Canham
 
Title: Group General Counsel and Company Secretary
 
 
 

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