Diageo Plc (GB:DGE) has released an update.
Diageo Plc has announced the repurchase of 154,161 of its ordinary shares on April 18, 2024, at prices ranging from 2,819.50 to 2,857.50 GBp, with an average of 2,832.18 GBp per share, predominantly from the London Stock Exchange. The company plans to cancel the acquired shares, signaling a move that can often be interpreted as confidence in the company’s value and future prospects.
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