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Diageo Plc Executes Share Buyback and Cancellation
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Diageo Plc Executes Share Buyback and Cancellation

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

Diageo Plc has announced the buyback of 109,664 of its own ordinary shares at a volume weighted average price of 2,747.89 GBp per share, through the London Stock Exchange, with plans to cancel the acquired shares. The transaction was part of a buyback program initiated in October 2023, and a detailed breakdown of the trades can be accessed online. This share repurchase reflects Diageo’s ongoing capital management strategy.

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

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