GSK stock slips in London as oil shock rattles markets; buyback filing and FDA date in focus
GSK shares fell 1.1% to 2,177 pence in early London trading, mirroring declines in the FTSE 100 after oil prices spiked on Middle East tensions. The company disclosed it bought back 430,000 shares on Feb. 27 and now holds about 6% of voting rights in treasury. Investors await a March 24 FDA decision on GSK’s linerixibat application.