Diageo set AGM date. Jefferies kept Buy on Diageo stock

Published on 10/13/2026 at 06:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 organic sales fell 2.00 percent. Diageo stock last traded at EUR 19.87 on October 12, 2026 after the Xetra close of EUR 19.78.

Key points in brief

Diageo set its 2026 annual general meeting for November 5, 2026, at 2:30 p.m. London time.
Jefferies kept a Buy rating and a GBp 2,200 price target on September 21, 2026.
Fiscal 2026 organic net sales fell 2.00 percent, while organic operating profit before exceptional items rose 2.00 percent.
The last Lang & Schwarz quote was EUR 19.87 on October 12, 2026, after the Xetra close of EUR 19.78.

Isometrische 3D-Grafik der Getränke-Wertschöpfungskette von Feld bis Abfüllung — Diageo plc GB0002374006 visualisiert isometrisch die Wertschöpfungskette vom Getreidefeld über Destillation bis zur fertigen Abfüllung, Illustration mit AI erstellt.

Diageo (ISIN GB0002374006) set its 2026 annual general meeting for November 5, 2026, at 2:30 p.m. in London, according to Diageo on September 30, 2026. Jefferies had kept a Buy rating and a GBp 2,200 price target in a note dated September 21, 2026, as reported by FinanzNachrichten.

Three milestones shape the reset

On November 20, 2025, Diageo reported a final dividend of GBp 47.91 per ordinary share on its investor-relations page. On February 25, 2026, the company published interim results for the six months ended December 31, 2025. On August 6, 2026, Diageo reported fiscal 2026 organic net sales down 2.00 percent, organic operating profit before exceptional items up 2.00 percent and adjusted basic earnings per share of GBp 165.30, all listed by Diageo.

What does the turnaround target?

The fiscal 2026 figures show a split picture. Reported net sales fell 3.00 percent to USD 19.64 billion, while operating profit declined 27.20 percent to USD 3.16 billion after restructuring costs and impairment charges, according to Yahoo Finance on October 12, 2026. The same report cited a USD 1.0 billion savings goal over three years and fiscal 2027 guidance for broadly flat organic sales with low-to-mid single-digit operating earnings growth.

For investors, the key comparison is between the 2.00 percent rise in organic operating profit before exceptional items and the 27.20 percent fall in reported operating profit. That gap makes the November meeting a test of whether cost savings can offset weak North American demand and pressure in China.

Next dates include AGM and dividend

The next scheduled event is Diageo's annual general meeting on November 5, 2026. A final dividend of USD 0.30 per share is scheduled for payment on December 3, 2026, subject to approval, according to MarketScreener on September 30, 2026.

Last euro quote was EUR 19.87

The last Lang & Schwarz quote stood at EUR 19.87 on October 12, 2026, at 11:00 p.m. CEST. The Xetra close of October 12, 2026, was EUR 19.78, providing the latest German-market comparison base without a new-session percentage move.

The further course of trading is shown by the continuously updated real-time quote of Diageo stock.