Haleon PLC (GB:HLN) has released an update.
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Haleon PLC has announced the purchase of 310,301 of its own shares for cancellation as part of its ongoing buyback program, with share prices ranging from 379.4000 to 384.6000 pence. The buyback is part of a strategy announced earlier in the month, and following the transaction, Haleon’s total share capital is now 9,123,638,944 ordinary shares. The move by the leading consumer health company, known for brands such as Advil and Sensodyne, could signal confidence in the company’s value and impact the stock’s attractiveness to current and potential investors.
For further insights into GB:HLN stock, check out TipRanks’ Stock Analysis page.