28th Sep 2007 16:52
GlaxoSmithKline PLC28 September 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 third quarter resultsannouncement, expected to be made on 24 October 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 agreements will be effected during the periodbetween 1 October 2007 and 24 October 2007 within certain pre-set parameters andin accordance with both the Listing Rules and the limitations of the repurchaseauthority granted to the Directors at the last Annual General Meeting ofshareholders. Any Ordinary shares repurchased will be held as Treasury shares. SM BicknellCompany Secretary 28 September 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Glaxosmithkline