Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHaleon Share News (HLN)

Share Price Information for Haleon (HLN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 322.60
Bid: 323.00
Ask: 323.10
Change: -4.30 (-1.32%)
Spread: 0.10 (0.031%)
Open: 328.50
High: 330.70
Low: 322.20
Prev. Close: 326.90
HLN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE: GSK banks GBP886 million from Haleon share sale

Fri, 06th Oct 2023 07:57

(Alliance News) - GSK PLC on Friday said it received GBP885.6 million in gross proceeds from its sale of shares in consumer healthcare spin-off Haleon PLC.

The Brentford, UK-based pharmaceutical company sold 270 million Haleon shares as planned at a price of 328 pence each. Haleon shares had closed on Thursday in London up 1.1% at 340.07p. GSK shares closed down 0.2% at 1,479.60p.

GSK continues to hold 685 million Haleon shares, a 7.4% stake, down from 10% previously. It has been whittling down its stake since its demerger of Haleon a year ago. In May, GSK sold 240 million Haleon shares, a 2.5% stake.

GSK's partner in the former consumer healthcare joint venture, Pfizer Inc, continues to own 32% of Haleon.

Weybridge, Surrey-based Haleon offers brands including Sensodyne toothpaste, Panadol and Advil painkillers and Centrum vitamins.

The latest share sale, announced after the London market close on Thursday, was run as an accelerated bookbuild by Bank of America Securities and Citigroup Global Markets Ltd as the joint global coordinators.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
26 Jun 2024 17:04

LONDON MARKET CLOSE: CAC 40 underperforms amid political uncertainty

(Alliance News) - Stock prices in London closed lower on Wednesday, with eyes on two days of key US economic data to close of the week.

Read more
26 Jun 2024 15:32

London close: Stocks finish choppy day in the red

(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.

Read more
26 Jun 2024 13:04

TOP NEWS: Haleon sells NRT business outside of US for GBP500 million

(Alliance News) - Haleon PLC on Wednesday said it has agreed to sell its nicotine replacement therapy business outside of the US to Dr Reddy's Laboratories SA.

Read more
26 Jun 2024 12:49

Haleon to sell NRT business outside of the US to Dr Reddy's for £500m

(Sharecast News) - Haleon said on Wednesday that it has agreed to sell its nicotine replacement therapy (NRT) business outside of the US to Dr Reddy's Laboratories for £500m.

Read more
5 Jun 2024 09:52

LONDON BROKER RATINGS: Berenberg raises Taylor Wimpey to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

Read more
5 Jun 2024 08:49

Berenberg starts coverage of Haleon at 'buy'

(Sharecast News) - Berenberg initiated coverage of consumer health company Haleon on Wednesday with a 'buy' rating and 407p price target.

Read more
1 Jun 2024 21:35

Delaware judge lets more than 70,000 Zantac lawsuits go forward

June 1 (Reuters) - A Delaware judge has allowed more than 70,000 lawsuits over discontinued heartburn drug Zantac to go forward, ruling that expert witnesses can testify in court that the drug may cause cancer.

Read more
1 Jun 2024 21:07

Delaware judge lets more than 70,000 Zantac lawsuits go forward

June 1 (Reuters) - A Delaware judge has allowed more than 70,000 lawsuits over discontinued heartburn drug Zantac to go forward, ruling that expert witnesses can testify in court that the drug may cause cancer.

Read more
17 May 2024 17:38

London's FTSE nudges lower for week after record run

Haleon falls after GSK offloads remaining stake

*

Read more
17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

Read more
17 May 2024 11:52

LONDON MARKET MIDDAY: FTSE 100 slides; Eurozone inflation steady

(Alliance News) - Stock prices in London were lacklustre at midday on Friday, as investors eye the trajectory of interest rates across the globe.

Read more
17 May 2024 09:03

TOP NEWS: GSK sells remaining Haleon stake for GBP1.25 billion

(Alliance News) - GSK PLC on Friday said it has sold its remaining shares in Haleon PLC, marking a total exit from its consumer healthcare spin-off.

Read more
17 May 2024 08:56

LONDON MARKET OPEN: FTSE 100 lacklustre as Wall Street rally ends

(Alliance News) - Stock prices in London opened lower on Friday, after Thursday saw Wall Street's rally end in a record breaking session.

Read more
17 May 2024 08:39

GSK raises $1.5 bln from sale of remaining Haleon stake

May 17 (Reuters) - British drugmaker GSK has raised 1.25 billion pounds ($1.52 billion) from a sale of its remaining stake in consumer healthcare company Haleon to institutional investors.

Read more
17 May 2024 07:42

LONDON BRIEFING: Land Securities ups dividend; GSK sells Haleon stake

(Alliance News) - Stocks in London are called to open lower, as investors wait for an inflation reading from the eurozone later this morning.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.