Haleon PLC (GB:HLN) has released an update.
Haleon PLC has initiated a share buyback programme for up to £185 million, representing the remaining portion of the £500 million designated for such activities in 2024. This move is aimed at reducing the company’s share capital in line with its capital allocation priorities and will involve the cancellation of all purchased shares. The buyback, conducted in partnership with HSBC Bank plc, will take place on the London Stock Exchange and is set to conclude by the end of 2024.
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