UK - A £1bn share buy-back scheme by Diageo will benefit shareholders by returning them cash and by boosting the value of the company's remaining shares, says a leading consultant.
Diageo is making the buy-back after it received £2.26bn from the sale of Burger King.
The consultant said the disposal will enable Diageo to better focus on its core business activities, a move that will help its performance and share value.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.