Diageo Executes Share Buybacks and Updates Voting Rights

Diageo (DEO) has released an update.

Diageo PLC has actively been managing its share capital, as evidenced by multiple transactions in its own shares throughout April 2024 and the company’s announcement of its intention to cancel the purchased shares. As of March 31, 2024, Diageo reported that its total voting rights numbered 2,228,104,576, a figure relevant for shareholders tracking changes in their stake. The company’s ongoing share buyback strategy reflects a potentially significant reshaping of its equity structure, likely to interest investors and market analysts.

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