tiprankstipranks
Diageo Executes Share Buybacks and Updates Voting Rights
Company Announcements

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.

For further insights into DEO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyDiageo downgraded to Sell from Neutral at Goldman Sachs
Nikolaos SismanisNear 4-Year Lows, Is Diageo Stock (NYSE:DEO) a Buy?
TheFlyDiageo upgraded to Buy from Neutral at Citi
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!