Haleon (HLN)

Sector:

Pharma and Biotech

Index:

FTSE 100

362.90p
   
  • Change Today:
      2.90p
  • 52 Week High: 415.20p
  • 52 Week Low: 348.10p
  • Currency: UK Pounds
  • Shares Issued: 8,957m
  • Volume: 15,334,714
  • Market Cap: £32,506m

Haleon completes purchase of 33pc share in Chinese JV

By Josh White

Date: Tuesday 31 Dec 2024

LONDON (ShareCast) - (Sharecast News) - Haleon announced on Tuesday that it has finalised the acquisition of an additional 33% equity stake in its Chinese joint venture, Tianjin TSKF Pharmaceutical Co (TSKF), from Tianjin Pharmaceutical Group and Tianjin Pharmaceutical Da Ren Tang Group Corporation.
The FTSE 100 consumer goods giant first announced the transaction, valued at CNY 4.465bn (£0.5bn), in September.

It said the acquisition received shareholder approval from DRTG at an extraordinary general meeting in November, with all other necessary regulatory clearances subsequently secured.

Haleon said it expected the transaction to be accretive to earnings per share.

As part of the agreement, Haleon held an option to acquire the remaining 12% stake in TSKF, while DRTG retained the right to sell its remaining interest to Haleon.

At 1212 GMT, shares in Haleon were up 0.56% at 376.2p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Haleon Market Data

Currency UK Pounds
Share Price 362.90p
Change Today 2.90p
% Change 0.81 %
52 Week High 415.20p
52 Week Low 348.10p
Volume 15,334,714
Shares Issued 8,957m
Market Cap £32,506m

Haleon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.15% below the market average74.15% below the market average74.15% below the market average74.15% below the market average74.15% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average
Price Trend
3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
10.34% below the market average10.34% below the market average10.34% below the market average10.34% below the market average10.34% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
9.51% below the market average9.51% below the market average9.51% below the market average9.51% below the market average9.51% below the market average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average

Haleon Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Aug-25 24-Apr-25
Paid 18-Sep-25 05-Jun-25
Amount 2.20p 4.60p

Trades for 29-Aug-2025

Time Volume / Share Price
16:47 90,761 @ 363.17p
16:35 2,446 @ 362.90p
16:35 116,021 @ 362.90p
16:35 3,765 @ 362.90p
16:35 23,805 @ 362.90p

Haleon Key Personnel

CEO Brian McNamara
CFO Dawn Allen

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