FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For period ending March 31, 2008
GlaxoSmithKline plc
(Name of registrant)
980 Great West Road, Brentford, Middlesex, TW8 9GS
(Address of principal executive offices)
Indicate by check mark whether the registrant files or
will file annual reports under cover Form 20-F
or Form 40-F
Form 20-F x Form 40-F
--
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes No x
--
GlaxoSmithKline plc - Share Buy-Back Programme
GlaxoSmithKline plc (the "Company") announces that it has today put in place an
irrevocable, non-discretionary programme for the purchase of its Ordinary shares
during the close period which precedes the 2008 first quarter results
announcement, expected to be made on 23 April 2008. The shares purchased on
behalf of the Company are for cancellation.
The aim of the programme is to reduce the issued share capital of the Company to
help enhance returns for shareholders.
The share buy-back programme will be managed by an independent third party which
makes its trading decisions in relation to the Company's securities
independently of, and uninfluenced by, the Company.
Any purchases pursuant to these arrangements will be effected during the period
between 1 April 2008 and 23 April 2008 within certain pre-set parameters and in
accordance with both the Listing Rules and the limitations of the repurchase
authority granted to the Directors at the last Annual General Meeting of
shareholders. The Company confirms that it currently has no inside information.
SM Bicknell
Company Secretary
31 March 2008
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorised.
GlaxoSmithKline plc
(Registrant)
Date: March 31, 2008 By: VICTORIA WHYTE
------------------
Victoria Whyte
Authorised Signatory for and on
behalf of GlaxoSmithKline plc