Haleon Commences Share Buyback Programme of Up to £500 Million
The programme runs through February 19, 2027, and aims to reduce share capital and meet employee share-plan obligations. About 80% of acquired shares will be cancelled, with the rest held in treasury.
Haleon plc has initiated a share buyback programme to purchase up to £500 million of its ordinary shares. The programme, which is set to conclude by February 19, 2027, aims to reduce the company's share capital and meet obligations related to employee share plans. Citigroup Global Markets Limited has been appointed to execute the purchases independently on behalf of the company. This action is part of Haleon's broader capital allocation strategy to deliver shareholder returns.
Approximately 80% of the acquired shares will be cancelled, with the remainder held as treasury shares.