30th Mar 2007 17:56
GlaxoSmithKline PLC30 March 2007 GlaxoSmithKline plc (the "Company") announces that it has today put in place anirrevocable, non-discretionary programme for the repurchase of its Ordinaryshares during the close period which precedes the 2007 first quarter resultsannouncement expected to be made on 25 April 2007. The share buy-back programme will be managed by an independent third party whichmakes its trading decisions in relation to the Company's securitiesindependently of, and uninfluenced by, the Company. Any repurchases pursuant to these arrangements will be effected during theperiod between 2 April 2007 and 25 April 2007 within certain pre-set parametersand in accordance with both the Listing Rules and the limitations of therepurchase authority granted to the Directors at the last Annual General Meetingof shareholders. Any Ordinary shares repurchased will be held as Treasuryshares. S M Bicknell Company Secretary 30 March 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Glaxosmithkline