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Tesco Advances Share Buyback, Cancels Shares
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Tesco Advances Share Buyback, Cancels Shares

Tesco plc (GB:TSCO) has released an update.

Tesco PLC has continued its share buyback program, purchasing 2,475,982 of its own ordinary shares on 17 June 2024, as part of its £1,000 million initiative. The shares acquired at an average price of 307.37 pence each will be cancelled, reducing the number of outstanding shares and potentially increasing the value of remaining shares.

For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.

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