Haleon PLC Sponsored ADR (HLN) has released an update.
Haleon PLC is poised to make significant moves in the stock market by offering 594 million ordinary shares and 98.3 million American Depository Shares (ADSs), with each ADS representing two ordinary shares. This substantial offering is being underwritten by a slew of prominent financial institutions, including Citigroup, Morgan Stanley, and J.P. Morgan, among others. The shares are part of an automatic shelf registration statement that was effective immediately upon filing and includes the necessary legal and financial compliance assurances.
For further insights into HLN stock, check out TipRanks’ Stock Analysis page.
