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Pfizer Reduces Stake in Haleon through Share Sale

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Pfizer Reduces Stake in Haleon through Share Sale

Haleon PLC Sponsored ADR ( (HLN) ) has issued an announcement.

On January 17, 2025, Haleon PLC announced that Pfizer Inc. has reduced its stake in the company by selling 700 million ordinary shares through a secondary offering. This sale significantly decreased Pfizer’s voting rights in Haleon from 15.04% to 7.31%, impacting the company’s shareholder structure and potentially influencing its future strategic decisions.

More about Haleon PLC Sponsored ADR

Haleon PLC operates in the consumer healthcare industry, providing a range of health-focused products and services. The company is known for its market focus on over-the-counter medicinal products, offering solutions for everyday health needs.

YTD Price Performance: -2.65%

Average Trading Volume: 7,073,409

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $40.95B

Find detailed analytics on HLN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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