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Diageo Completes Share Buyback and Cancels Stocks

Diageo Completes Share Buyback and Cancels Stocks

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

Diageo plc has successfully repurchased 3,000 of its own ordinary shares on May 13, 2024, through the London Stock Exchange, with plans to cancel the acquired shares. The buyback operation was part of a previously announced instruction from October 2023 and was executed at an average price of 2,834.82 GBp per share. The company has confirmed that this share repurchase does not indicate any offers for securities in any jurisdiction.

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

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