Diageo has continued its share buyback scheme. The drinks giant confirmed yesterday (1 March) that it has repurchased 1,000,000 ordinary shares. The transaction, through CSFB Europe Ltd, valued the shares at 742.85 pence each.

The purchased shares will all be held as treasury shares.

Following the above purchase, Diageo holds 43,830,000 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 3,005,980,623.