World: Diageo announces buyback of 2,742 of its ordinary shares
On May 22, 2024, Diageo PLC announced the buyback of 2,742 of its ordinary shares at a volume weighted average price of 2,734.89 GBp per share, with the intention to cancel the acquired shares.
The transaction was executed through the London Stock Exchange, with Merrill Lynch International acting as the intermediary.
This strategic move aligns with instructions issued by Diageo back in October 2023 and endeavours to potentially bolster shareholder value, the company said.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .