Slaughter and May is advising Reckitt on its return of £1.6 billion to shareholders by way of special dividend

Slaughter and May is advising Reckitt Benckiser Group plc (“Reckitt”) on its proposed return of approximately £1.6 billion to shareholders by way of a special dividend, to be combined with a consolidation of Reckitt’s issued share capital.

The special dividend and share consolidation are conditional on approval by Reckitt’s shareholders at a general meeting to be held on 27 January 2026.

The return of value follows the completion of Reckitt’s divestment of its Essential Home business to Advent International, L.P., on 31 December 2025.

Corporate
Richard Smith Partner
James Cook Partner
Simon Tysoe Partner
Ellie Steiner Associate

Lloyd James / Trainee

Incentives
Ian Brown Senior Counsel
Saehaan Memon Associate
Pensions
Daniel Schaffer Partner
Matthew Ward Associate