tiprankstipranks
Company Announcements

GSK Advances Share Buyback Program with Latest Purchase

Story Highlights
GSK Advances Share Buyback Program with Latest Purchase

GlaxoSmithKline ( (GB:GSK) ) just unveiled an announcement.

GlaxoSmithKline (GSK) announced the purchase of 500,700 of its ordinary shares as part of its ongoing buyback program, executed through Citigroup Global Markets Limited. This transaction, which involved shares priced between 1,497.00p and 1,535.00p, contributes to GSK’s strategy to manage its capital structure and return value to shareholders, with a total of 7,029,042 shares purchased since the program’s initiation.

More about GlaxoSmithKline

YTD Price Performance: 15.21%

Average Trading Volume: 7,950,313

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £62.51B

For an in-depth examination of GSK stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App