Haleon plc Announces Second Tranche of Share Buyback Programme
SEC Filing 6-K (0001654954-25-008670)
Haleon plc has announced the commencement of the second tranche of its share buyback programme, aiming to purchase ordinary shares up to an aggregate consideration of £280 million. This tranche includes approximately £130 million worth of shares to be repurchased and cancelled, and £150 million worth of shares to be held as treasury shares for future employee share plans. The programme, which will run until 1 December 2025, is part of the company's strategy to reduce its share capital. Haleon has entered into an irrevocable agreement with Citigroup Global Markets Limited for the purchase of shares, which will be carried out on the London Stock Exchange and/or CBOE Europe Limited. The company had previously completed the first tranche of its share buyback programme, repurchasing shares for an aggregate consideration of approximately £200 million.