Diageo (GB:DGE) has released an update.
Diageo PLC has announced the repurchase of 5,866 of its own shares on the London Stock Exchange, with the intention of cancelling them. The buyback occurred at prices ranging from 2,597.50 to 2,626.50 GBp per share, averaging at 2,611.03 GBp. This move indicates the company’s strategy to return value to shareholders and potentially improve earnings per share.
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