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Rentokil Initial Shares Rise After Third-Quarter Revenue Growth and $200 Million Buyback Plan

Organic growth across the business pushed third-quarter revenue higher, and Rentokil Initial said it would launch a $200 million share buyback.

RTO

By Adam WhittakerShares in Rentokil Initial surged after organic growth across the business pushed third-quarter revenue higher and the company said it would launch a $200 million share buyback.In morning trade, London-listed shares in the U.K. pest-control, hygiene and workwear services provider w…