Diageo to Start Buying Back GBP1.4 Billion of Shares
10 Agosto 2018 - 8:47AM
Dow Jones News
By Ian Walker
Diageo PLC (DGE.LN) said Friday that it will start buying back
up to 1.4 billion pounds ($1.79 billion) of its shares until Jan.
31, under the buyback program approved by the board last month.
The drinks maker, which houses Smirnoff vodka, Johnnie Walker
whisky and Gordon's Gin among its brands, said further tranches of
the program will be announced during the financial year ending June
30, 2019.
Diageo's board approved a GBP2 billion share buyback program on
July 26.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 10, 2018 02:32 ET (06:32 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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