By Michele Maatouk
Date: Tuesday 19 Mar 2024
LONDON (ShareCast) - (Sharecast News) - Haleon said on Tuesday that Pfizer has sold a larger-than-expected stake in the consumer healthcare group, taking its interest down to 22.6% from 32%.
Pfizer was planning to sell around 630m shares in a public offering but the size of the offering was increased to just over 790.5m.
Haleon sold 594m ordinary shares at £3.08 each and 196.5m American Depository Shares (ADR) at $7.85 each. It raised around £1.8bn and $1.5bn, respectively.
The maker of Sensodyne toothpaste and Panadol said it has also agreed to buy back 102.2m ordinary shares from Pfizer off-market for around £315m.
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Currency | US Dollars |
Share Price | $ 29.09 |
Change Today | $ 0.12 |
% Change | 0.41 % |
52 Week High | $33.94 |
52 Week Low | $25.26 |
Volume | 25,007,090 |
Shares Issued | 5,646m |
Market Cap | $164,242m |
Beta | 0.18 |
RiskGrade | 102 |
Strong Buy | 3 |
Buy | 6 |
Neutral | 15 |
Sell | 0 |
Strong Sell | 0 |
Total | 24 |
Time | Volume / Share Price |
16:02 | 2,861,250 @ $29.09 |
15:59 | 174 @ $29.09 |
15:59 | 100 @ $29.09 |
15:59 | 100 @ $29.11 |
15:59 | 100 @ $29.11 |
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