Diageo to Double Buyback

Summary


DRINKS giant Diageo warned of 'weak European markets' over the next year, but its shares bubbled up as the company pledged to double a share buyback programme.

The Smirnoff vodka-to- Johnnie Walker scotch group has been hit by a decline in the ready-to-drink market for products such as Smirnoff Ice.

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Extract


Diageo to Double Buyback

A slump in Guinness volumes was b...

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