Diageo 6-K: January Share Buybacks & Voting Rights Disclosed
Ticker: DGEAF · Form: 6-K · Filed: Feb 1, 2024 · CIK: 835403
| Field | Detail |
|---|---|
| Company | Diageo PLC (DGEAF) |
| Form Type | 6-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 13 |
| Reading Time | 15 min |
| Key Dollar Amounts | $1.7 billion, $800 million, $900 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: share-buyback, corporate-action, voting-rights
TL;DR
**Diageo's January 6-K shows active share buybacks, signaling confidence and potential EPS boost.**
AI Summary
Diageo PLC, the global beverage giant, filed a 6-K on February 1, 2024, detailing various announcements made to the London Stock Exchange throughout January 2024. Key disclosures include multiple 'Transaction in Own Shares' announcements from January 2nd to January 9th, indicating the company is actively repurchasing its stock. This matters to investors because share buybacks can reduce the number of outstanding shares, potentially boosting earnings per share and signaling management's confidence in the company's valuation.
Why It Matters
Diageo's consistent 'Transaction in Own Shares' announcements in January 2024 suggest an ongoing share buyback program, which can increase shareholder value by reducing share count and improving per-share metrics.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of previously announced information and does not introduce new material risks.
Analyst Insight
A smart investor would monitor future Diageo filings for details on the scale and impact of these share buybacks, as consistent repurchases can signal management's confidence and potentially boost per-share metrics.
Key Players & Entities
- DIAGEO PLC (company) — the registrant filing the 6-K
- London Stock Exchange (company) — where Diageo made public announcements
- January 2024 (date) — the month covered by the report
- February 1, 2024 (date) — the filing date of the 6-K
Forward-Looking Statements
- Diageo will continue its share buyback program in the near future. (DIAGEO PLC) — medium confidence, target: Q1 2024
FAQ
What is the purpose of this 6-K filing by Diageo PLC?
This 6-K filing by Diageo PLC serves as a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 of The Securities Exchange Act of 1934, specifically listing identifying information required to be furnished by Diageo plc from January 1 to January 31, 2024, to the SEC.
What specific types of announcements did Diageo PLC make to The Stock Exchange, London, during January 2024, as listed in this filing?
During January 2024, Diageo PLC made several announcements to The Stock Exchange, London, including 'Total Voting Rights' on January 2, 'Block listing Interim Review' on January 2, 'Publication of a Prospectus' on January 8, and multiple 'Transaction in Own Shares' announcements on January 2, 3, 4, 8, and 9.
On what dates did Diageo PLC announce 'Transaction in Own Shares' in January 2024, according to this 6-K?
Diageo PLC announced 'Transaction in Own Shares' on January 2, 3, 4, 8, and 9, 2024, as listed in this 6-K filing.
What is Diageo PLC's Commission File Number and principal executive office address?
Diageo PLC's Commission File Number is 001-10691, and its principal executive office address is 16 Great Marlborough Street, London, United Kingdom, W1F 7HS.
Under which form does Diageo PLC file its annual reports, as indicated in this 6-K?
Diageo PLC indicates by check mark that it files its annual reports under cover Form 20-F.
Filing Stats: 3,830 words · 15 min read · ~13 pages · Grade level 14.5 · Accepted 2024-02-01 07:25:39
Key Financial Figures
- $1.7 billion — 023, Diageo completed an SEC-registered $1.7 billion bond transaction consisting of $80
- $800 million — ion bond transaction consisting of $800 million 5.375% fixed rate notes due 2026 and $9
- $900 million — on 5.375% fixed rate notes due 2026 and $900 million 5.625% fixed rate notes due 2033 (
Filing Documents
- a01januarybatchfiling-202.htm (6-K) — 964KB
- 0001654954-24-001149.txt ( ) — 965KB
From the Filing
FILING a01januarybatchfiling-202   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 6-K   REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934   For the month of January 2024   Commission File Number:   001-10691   DIAGEO plc ( Translation of registrant’s name into English )     16 Great Marlborough Street, London, United Kingdom, W1F 7HS   ( Address of principal executive offices )   Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.   Form 20-F   X                                                                  Form 40-F             List identifying information required to be furnished by Diageo plc pursuant to Rule 13a-16 or 15d-16 of The Securities Exchange Act 1934 (1 – 31 January 2024)     Information   Public Announcements/Press Required by/when   The Stock Exchange, London     Announcement Total Voting Rights 02 January 2024   Announcement Block listing Interim Review 02 January 2024   Announcement   Transaction in Own Shares 02 January 2024   Announcement Transaction in Own Shares 0 3 January 2024   Announcement Transaction in Own Shares 0 4 January 2024   Announcement Transaction in Own Shares 0 8 January 2024   Announcement   Publication of a Prospectus 08 January 2024   Announcement   Transaction in Own Shares 0 8 January 2024   Announcement   Transaction in Own Shares 0 9 January 2024   Announcement   Director/PDMR Shareholding 10 January 2024 Announcement   Director/PDMR Shareholding 10 January 2024   Announcement   Transaction in Own Shares 11 January 2024 Announcement   Transaction in Own Shares 12 January 2024   Announcement   Transaction in Own Shares 15 January 2024   Announcement   Holding(s) in Company 15 January 2024   Announcement   Holding(s) in Company 15 January 2024   Announcement   Transaction in Own Shares 15 January 2024   Announcement   Transaction in Own Shares 16 January 2024   Announcement   Transaction in Own Shares 17 January 2024   Announcement   Transaction in Own Shares 18 January 2024   Announcement   Transaction in Own Shares 19 January 2024   Announcement   Transaction in Own Shares 22 January 2024   Announcement   Transaction in Own Shares 23 January 2024   Announcement   Transaction in Own Shares 24 January 2024   Announcement   Transaction in Own Shares 25 January 2024   Announcement   Transaction in Own Shares 26 January 2024   Announcement   Transaction in Own Shares 29 January 2024   Announcement   Diageo plc publishes recast USD financials 30 January 2024   Announcement   Transaction in Own Shares 30 January 2024   Announcement   Transaction in Own Shares 31 January 2024         Diageo PLC – Total Voting Rights Dated 02 January 2024   Diageo plc LEI: 213800ZVIELEA55JMJ32   Total Voting Rights and Capital   In conformity with Paragraph 5.6.1R of the Disclosure Guidelines and Transparency Rules and Article 15 of the Transparency Directive, Diageo plc (the "Company") would like to notify the market of the following:   The Company's issued capital as at 31 December 2023 consisted of 2,446,938,793 Ordinary Shares of 28 101/108 pence each ("Ordinary Shares"), with voting rights. 209,672,644 Ordinary Shares were held in Treasury, in respect of which, voting rights were not exercised.   Therefore, the total number of voting rights in the Company was 2,237,266,149 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidelines and Transparency Rules.   James Edmunds Deputy Company Secretary   2 January 2024       Diageo PLC – Block listing Interim Review Dated 02