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Rentokil shares jump 8% on $200M buyback and steady Q3 growth

Market News
22 Oct 2026
Proactive Investors
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Bullish
Rentokil shares jump 8% on $200M buyback and steady Q3 growth

Rentokil Initial PLC's shares rose 8% following the announcement of a $200 million share buyback, expected to complete by the full-year results after selling SOLitude Lake Management. The company reported a 3.4% organic revenue growth in Q3, with North America and International pest control segments growing 2.4% and 5.7% respectively. Profit for 2026 is expected to meet market expectations. Analysts from Stifel and Panmure Liberum rate the shares as 'buy', noting Rentokil's narrowing growth gap with US rival Rollins, while Peel Hunt rates it a 'hold'. CFO Paul Edgecliffe-Johnson will retire in January 2027 for family health reasons.

Rentokil's shares jumped 8% after announcing a $200 million buyback and steady Q3 growth. For readers following the Industrials sector, here is Pluang's market snapshot as of Oct 22, 2026 14:41 WIB: out of 135 priced US stocks, 45 rose and 86 fell. Notable movers include AMSC at USD 25.72 with a -3.45% change and 100% buy order activity, RDW at USD 8.27 down 3.39%, and MOD at USD 144.73 down 3.37%.

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