Edition:
United States

Diageo PLC (DGE.L)

DGE.L on London Stock Exchange

2,640.00GBp
13 Dec 2017
Change (% chg)

-8.50 (-0.32%)
Prev Close
2,648.50
Open
2,623.50
Day's High
2,649.00
Day's Low
2,622.00
Volume
2,731,473
Avg. Vol
4,222,362
52-wk High
2,677.50
52-wk Low
2,037.50

Latest Key Developments (Source: Significant Developments)

Diageo ‍launches fixed rate euro denominated bonds​
Tuesday, 14 Nov 2017 02:00am EST 

Nov 14 (Reuters) - Diageo Plc :‍LAUNCHES AND PRICES 0.000% 3 YEAR AND 0.500% LONG 6 YEAR FIXED RATE EURO DENOMINATED BONDS​.‍LAUNCHED AND PRICED EUR 1.275 BILLION FIXED RATE EURO DENOMINATED BONDS UNDER ITS EUROPEAN DEBT ISSUANCE PROGRAMME​.‍ISSUER OF BONDS WILL BE DIAGEO FINANCE PLC, WITH PAYMENT OF PRINCIPAL AND INTEREST FULLY GUARANTEED BY DIAGEO PLC​.‍PROCEEDS FROM THIS ISSUANCE WILL BE USED FOR GENERAL CORPORATE PURPOSES​.  Full Article

Diageo says overall performance for year remain unchanged
Wednesday, 20 Sep 2017 02:00am EDT 

Sept 20 (Reuters) - DIAGEO PLC ::EXPECTATIONS ON OVERALL PERFORMANCE FOR YEAR REMAIN UNCHANGED.EXPECT H1 ORGANIC NET SALES GROWTH RATE WILL BE IMPACTED BY LATER TIMING OF CHINESE NEW YEAR AND BY EXPECTED IMPACT OF HIGHWAY BAN IN INDIA.EXPECT OUR ORGANIC OPERATING MARGIN EXPANSION WILL BE WEIGHTED TOWARDS H2.RE-AFFIRM EXPECTATION OF MID-SINGLE DIGIT TOP LINE GROWTH AND 175BPS OF ORGANIC OPERATING MARGIN IMPROVEMENT OVER THREE YEARS ENDING 30 JUNE 2019.  Full Article

Diageo updates on 1.5 bln pound share repurchase programme
Friday, 8 Sep 2017 02:00am EDT 

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​.  Full Article

Diageo says completion of Casamigos acquisition
Tuesday, 15 Aug 2017 11:49am EDT 

Aug 15 (Reuters) - DIAGEO PLC ::COMPLETES ACQUISITION OF SUPER-PREMIUM TEQUILA CASAMIGOS.  Full Article

Diageo cfo says encouraged that us year on year results improved but still work to do in vodka
Thursday, 27 Jul 2017 02:39am EDT 

Diageo Plc :Diageo cfo says to manage leverage ratio in range of 2.5 to 3 times.Diageo cfo says encouraged that us year on year results improved but still work to do in vodka.  Full Article

Diageo to acquire Casamigos
Wednesday, 21 Jun 2017 12:01pm EDT 

June 21 (Reuters) - Diageo Plc ::Diageo to acquire super-premium tequila Casamigos.Transaction values Casamigos at up to $1 billion.Says Diageo expects transaction will be EPS neutral for first three years and accretive thereafter.Says expect acquisition will be economic profit positive in fourth full fiscal year post-completion.Transaction is expected to close in second half of calendar 2017.  Full Article

Sonocom announces change of chairman and president
Friday, 12 May 2017 02:49am EDT 

May 12(Reuters) - Sonocom Co Ltd <7902.T>:Says it appoints current president Koichi Sono as chairman of the board of the company .Says it appoints Kiyohiro Takagi as new president.Says change effective June 29.  Full Article

Diageo says HMRC to issue notices requiring additional tax
Wednesday, 10 May 2017 10:26am EDT 

May 10 (Reuters) - Diageo Plc ::Diageo - HM Revenue & Customs intends to issue preliminary notices of assessment under new diverted profits tax regime, which came into effect in April 2015.Diageo - Notices will require Diageo to pay additional tax and interest of approximately £107 million in aggregate for fy ended 30 june 2015 and 30 june 2016.Diageo does not believe that it falls within scope of new diverted profits tax regime.Will challenge assessments when they are received.Based on its current assessment, Diageo considers no provision is required in relation to diverted profits tax.Issue does not change Diageo's expectation that tax rate before exceptional items for year ending 30 june 2017 will be approximately 21%..  Full Article

Diageo says now entering consultation period w/ employees and their representatives to discuss proposals in more detail
Thursday, 20 Apr 2017 11:57am EDT 

Diageo Plc :Diageo says has reviewed spirits bottling footprint, and that some jobs in european bottling plants may be impacted toward end of year.Diageo says now entering consultation period w/ employees and their representatives to discuss proposals in more detail.  Full Article

GMB Scotland Union says Diageo to cut 105 jobs in Scotland due to brexit concerns
Thursday, 20 Apr 2017 11:34am EDT 

April 20 (Reuters) - :GMB Scotland Union says Diageo to cut 105 jobs in Scotland due to brexit concerns.  Full Article

Photo

Diageo warns of Brexit cost if new deal restricts trade

EDINBURGH/LONDON Diageo said Brexit could cost it tens of millions of pounds if Britain did not replicate the EU's trade deals with other countries for Scotch whisky and keep an open border in Ireland, where it makes Guinness stout and Baileys liqueur.