Should You Invest In Diageo plc ADR?

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In tandem with its subsidiaries, Diageo produces and distributes alcoholic and non-alcoholic drinks. These beverages include wine, ciders, spirits — such as rum and whiskey — and liqueurs. Founded 1997, its products are sold in over 180 countries across the world. The company has its head office in London, UK. As of January 2021, Diageo operates more than 150 production facilities in 30 countries globally. The organisation is a publicly-listed company on the NYSE. Diageo stock and share price analyses can be found under its trading ticker DEO. As of December 2020, Diageo renewed its five-year partnership with WaterAid. This partnership aims to better water infrastructure initiatives in needy communities. In October 2020, the company announced reaching an agreement to acquire Chase Distillery – the makers of Chase GB Gin and Chase Original Potato Vodka. Diageo’s brands include names such as Johnnie Walker, Guinness, Smirnoff, Baileys, and Captain Morgan. The Johnnie Walker brand was launched in 1820, with Diageo recently celebrating the brand’s 200th anniversary. The company further supports sustainability initiatives and launched a sustainability programme called Spirit of Progress: Society 2030. This programme details the company’s 10-year action plan toward sustainability. Find information on DEO price trends and developments on eToro.

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