Haleon launches £500m share buyback programme
Haleon plc is starting a share buyback programme to repurchase its ordinary shares for up to an aggregate consideration of £500 million.
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Rhea-AI Filing Summary
Haleon plc is starting a share buyback programme to repurchase its ordinary shares for up to an aggregate consideration of £500 million. The programme follows its 2025 preliminary full year results announcement and is aligned with its capital allocation priorities, including delivering attractive shareholder returns.
Haleon has signed an irrevocable agreement with HSBC Bank plc, which will independently decide the timing of purchases on the London Stock Exchange, CBoE Equities Europe, and Aquis, including during closed periods. The buyback begins immediately and will end no later than 19 August 2026.
Purchases before the 2026 Annual General Meeting will use the existing 2025 shareholder authority, and any later purchases will rely on authority sought at the 2026 AGM, if approved. All repurchased shares will be cancelled to reduce Haleon’s share capital, and there is no guarantee the full programme will be completed.
Insights
Haleon plans up to £500m of share repurchases to cancel stock by August 2026.
Haleon has authorized a share buyback programme of up to £500 million, with all repurchased shares to be cancelled, directly reducing share capital. This represents a clear capital return mechanism consistent with the company’s stated allocation priorities.
HSBC Bank plc will execute trades independently on multiple European venues, including during closed periods, under preset parameters and within shareholder authorities from the 2025 and planned 2026 AGMs. Actual buybacks may be less than the headline amount, as completion is not guaranteed.
The programme runs until no later than 19 August 2026, operating under UK Market Abuse Regulation and UK Listing Rules. Future regulatory announcements on individual repurchases will give more detail on execution pace and the extent to which the total £500 million is utilized.
FAQ
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Is Haleon (HLN) required to complete the full £500m buyback amount?
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