30th Jun 2006 17:40
GlaxoSmithKline PLC30 June 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 second quarter resultsannouncement expected to be made on 26 July 2006. 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 1 July 2006 and 26 July 2006 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 BicknellCompany Secretary 30 June 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Glaxosmithkline