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BRIEF-Diageo updates on 1.5 bln pound share repurchase programme
September 8, 2017 / 6:09 AM / in a month

BRIEF-Diageo updates on 1.5 bln pound share repurchase programme

Sept 8 (Reuters) - Diageo Plc

* DIAGEO PLC SHARE REPURCHASE PROGRAMME

* ‍ON 26 JULY 2017, BOARD OF DIAGEO PLC APPROVED A SHARE BUY-BACK PROGRAMME TO RETURN UP TO £1.5 BILLION TO SHAREHOLDERS DURING FISCAL YEAR ENDING 30 JUNE 2018​

* ‍HAS ENTERED INTO A NON-DISCRETIONARY AGREEMENT WITH MORGAN STANLEY & CO. INTERNATIONAL PLC TO ENABLE COMPANY TO BUY BACK SHARES​

* ‍CURRENT AGREEMENT WILL COMMENCE 8 SEPT AND IS EXPECTED TO END NO LATER THAN 31 MARCH 2018 FOR AN AGGREGATE CONSIDERATION OF UP TO £1.5 BILLION​ Source text for Eikon: Further company coverage:

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