Haleon Commences £500 Million Share Buyback Program

Haleon plc: Commencement of £500m Share Buyback Programme

 

29 October 2026: Haleon plc (the "Company", or "Haleon") today announces that, as set out in the 2026 Q3 Trading Statement announcement on 29 October 2026, it is commencing a share buyback programme to purchase ordinary shares of £0.01 each in the Company (the "Shares"). Haleon will buy up to an aggregate consideration of £500 million (the "Buyback Programme"), in line with its stated capital allocation priorities, including delivering attractive shareholder returns. The purpose of the Buyback Programme is to reduce the Company’s share capital and to meet the Company’s obligations under its employee share plans.

 

In connection with the Buyback Programme, the Company has entered into an irrevocable agreement with Citigroup Global Markets Limited ("Citi") for the purchase of Shares. Under the terms of this agreement, any purchases will be carried out on the London Stock Exchange, CBOE Europe Limited and/or Aquis. The Buyback Programme will end no later than 19 February 2027.

 

Citi will make its trading decisions independently of Haleon, including with respect to the timing of purchases and during any closed period.

 

Upon conclusion of this Buyback Programme, approximately 80% of the Shares purchased by the Company will be cancelled. The remainder, will be held as treasury shares (with no voting or dividend rights) for the purposes of satisfying Haleon’s obligations under its existing employee share plans in 2027 and 2028.