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Diageo PLC Executes Share Buyback Plan
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Diageo PLC Executes Share Buyback Plan

Diageo (GB:DGE) has released an update.

Diageo PLC has announced the buyback of 2,038 of its own shares at prices ranging from 2,746.50 to 2,768.50 GBp per share, with the intention of canceling them. The shares were acquired through the London Stock Exchange on May 21, 2024, with a volume-weighted average price of 2,756.42 GBp. The buyback was part of a previously announced plan from October 2023, and the acquired shares are to be canceled as part of the company’s capital management strategy.

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

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