29th Dec 2006 11:06
GlaxoSmithKline PLC29 December 2006 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 2006 fourth quarter resultsannouncement expected to be made on 8 February 2007. The buy back programme will be managed by an independent third party which makesits trading decisions in relation to the Company's securities independently of,and uninfluenced by, the Company. Any repurchases pursuant to these arrangements will be effected during theperiod between 2 January 2007 and 8 February 2007 within certain pre-setparameters and in accordance with both the Listing Rules and the limitations ofthe repurchase authority granted to the Directors at the last Annual GeneralMeeting of shareholders. Any ordinary shares repurchased will be held astreasury shares. S M BicknellCompany Secretary 29 December 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Glaxosmithkline