Diageo has completed another share buyback. The drinks giant announced yesterday (29 November) that it has purchased 700,000 ordinary shares. The purchased shares, all to be held as treasury shares, were valued at 747.4131 pence each.

The transaction was completed through Cazenove & Co. Ltd.

Following this purchase, Diageo holds 24,450,000 ordinary shares as treasury shares. The total number of ordinary shares in issue - excluding shares held as treasury shares - is 3,025,051,069.