Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 100,000 of its own ordinary shares on October 2, 2024, which will be subsequently cancelled. The transaction, conducted through Goldman Sachs International, saw shares bought at an average price of 355.57 pence, contributing to the reduction of the number of shares in issue to 6,853,570,664. This move is part of Tesco’s £1 billion share buyback initiative, initially announced at their 2024 Annual General Meeting.
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