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Diageo Plc Executes Share Buyback and Cancellation

Diageo Plc Executes Share Buyback and Cancellation

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

Diageo Plc has successfully repurchased 69,114 of its own shares on the London Stock Exchange through Merrill Lynch International, with the transaction occurring on May 2, 2024, at prices ranging between 2,719.00 and 2,758.00 GBp per share. The company has announced its intention to cancel all of the acquired shares, emphasizing Diageo’s strategy to reduce share capital.

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

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