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Diageo Plc Announces Share Buyback and Cancellation
Company Announcements

Diageo Plc Announces Share Buyback and Cancellation

Diageo Plc (GB:DGE) has released an update.

Diageo Plc, a global leader in beverage alcohol, has announced the buyback of 135,230 of its own shares on April 29, 2024, with the intention of canceling them. The shares were purchased through the London Stock Exchange at prices ranging from 2,767.00 to 2,801.50 GBp, with an average price of 2,777.12 GBp. This buyback follows the company’s instructions from October 2023 and is part of Diageo’s ongoing capital allocation strategy.

For further insights into GB:DGE stock, check out TipRanks’ Stock Analysis page.

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