Pfizer (PFE) to Decrease Stake in Haleon From 32% to 24% [Yahoo! Finance]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: Yahoo! Finance
The sale of 630 million ordinary shares should be worth around $2.5 billion. Additionally, per a previous plan approved by Haleon shareholders, Pfizer will sell some shares worth approximately $400 million (£315 million) directly to Haleon. Haleon was a consumer health joint venture (JV), an over-the-counter (OTC) medicines business, jointly created by Pfizer and GSK plc . GSK in 2019. GSK owned a controlling stake of 68% in the Consumer Healthcare JV (CHC JV). GSK/Pfizer divested the CHC JV to form the company Haleon in July 2022. GSK has been regularly selling its stake in Haleon, and as of January 2024, GSK held slightly over 4% of the issued share capital of Haleon. Pfizer held a 32% stake in Haleon, which will now be reduced to 24% following the above-mentioned two transactions. Pfizer had said back in 2022 that it would sell its stake in Haleon in a disciplined manner. The offer price for the underwritten offering is expected to be announced today. Pfizer's stock has decli
Show less
Read more
Impact Snapshot
Event Time:
HLN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HLN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HLN alerts
High impacting Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
HLN
News
- Haleon's first-quarter revenue misses expectations [Reuters]Reuters
- Haleon to Shut UK Factory and Move Toothpaste-Making to Slovakia [BNN Bloomberg (Canada)]BNN Bloomberg
- Sensodyne-maker Haleon to shut UK manufacturing site, with more than 400 jobs hit [Reuters]Reuters
- Why many top CFOs faced with cost cutting choose to lead by example: ‘It usually starts at home' [Fortune]Fortune
- Haleon names Dawn Allen as CFO [Reuters]Reuters
HLN
Sec Filings
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/24/24 - Form 6-K
- HLN's page on the SEC website