Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest update is out from GlaxoSmithKline ( (GB:GSK) ).
GSK has announced the purchase of 591,951 of its own ordinary shares as part of its ongoing buyback program. The shares, acquired through Citigroup Global Markets Limited, will be held as treasury shares. This move is part of a non-discretionary agreement initiated in February 2025, and since then, GSK has bought back a total of 42,045,790 shares. The buyback program aims to optimize the company’s capital structure and return value to shareholders, potentially impacting GSK’s market positioning and shareholder interests.
The most recent analyst rating on (GB:GSK) stock is a Buy with a £21.00 price target. To see the full list of analyst forecasts on GlaxoSmithKline stock, see the GB:GSK Stock Forecast page.
Spark’s Take on GB:GSK Stock
According to Spark, TipRanks’ AI Analyst, GB:GSK is a Neutral.
GlaxoSmithKline maintains a stable outlook with strengths in specialty medicines and strategic shareholder initiatives. Financial performance is solid, but high debt levels and technical caution pose risks. The positive earnings call and corporate actions support a favorable long-term view.
To see Spark’s full report on GB:GSK stock, click here.
More about GlaxoSmithKline
GlaxoSmithKline (GSK) is a global healthcare company that operates in the pharmaceutical industry, focusing on the development and production of vaccines, medicines, and consumer healthcare products. The company is known for its extensive research and development efforts and has a significant presence in markets worldwide.
Average Trading Volume: 10,668,998
Technical Sentiment Signal: Hold
Current Market Cap: £54.88B
Find detailed analytics on GSK stock on TipRanks’ Stock Analysis page.