Bottles of Smirnoff vodka produced by United Spirits Ltd., a distiller partly owned by Diageo Plc, sit on display at a roadside liquor store in Gurgaon, Haryana, India. (Photographer: Udit Kulshrestha/Bloomberg)

Diageo Plans $2.6 Billion Buyback as Earnings Accelerate

(Bloomberg) -- Diageo Plc plans to buy back up to 2 billion pounds ($2.6 billion) of stock as earnings shift into higher gear at the world’s largest distiller.

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