Premier Inn owner Whitbread returns €2.8bn to shareholders

Premier Inn owner Whitbread said it has completed a programme to return £2.5bn (€2.8bn) to shareholders after it sold its Costa Coffee chain to Coca-Cola last year.

Whitbread said £2bn is being returned to shareholders via a purchase of its own shares at a price of 4,972p per share in the latest phase of the capital return programme.