GSK Announces £2 Billion Share Buyback as Profit Beats Estimates
GSK Plc announced a share buyback of £2 billion as it saw better than expected profit in the fourth quarter. The share buyback will be implemented over the next 18 months. It comes after the British drugmaker saw earnings per share, excluding some items, at 23.2 pence, higher than the 20 pence estimated by analysts surveyed by Bloomberg.