Diageo has rounded off its week of share buybacks with one more transaction. The drinks company said yesterday (14 April) that it has purchased another 500,000 ordinary shares to be held as treasury shares.

The transaction, through CSFB Europe Ltd, valued the shares at 789.46 pence per share.

Following this transaction, Diageo holds 67.38m shares, with a total of 2,982,623,890 ordinary shares still in issue.