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DGE Diageo Plc

2,742.50
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Diageo Plc LSE:DGE London Ordinary Share GB0002374006 ORD 28 101/108P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2,742.50 2,740.50 2,741.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine & Alcoholic Bev-whsl 23.52B 3.73B 1.6715 16.41 61.26B

Diageo Starts Next Tranche of Return to Capital Program

26/11/2021 7:43am

Dow Jones News


Diageo (LSE:DGE)
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By Sabela Ojea

 

Diageo PLC said Friday that that it has started the next tranche of its return of capital program of up to 4.5 billion pounds ($5.99 billion) to shareholders by the end of June 2024.

The liquor maker--which owns Johnnie Walker whisky and Tanqueray gin--said it has entered into an agreement with Goldman Sachs International to enable it to buy back shares with a value of up to GBP550,000.

The non-discretionary agreement, which has started on Friday, will end no later than March 4, it added.

"The purpose of the repurchases is to reduce the share capital of Diageo and all shares repurchased under this agreement will be cancelled," the London-listed company said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

November 26, 2021 02:28 ET (07:28 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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