Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 124,588 of its ordinary shares on July 26, 2024, with the goal of cancelling them to enhance shareholder value. These transactions, part of a £1,000 million buyback initiative, took place at an average price of 325.78 pence per share. Following these purchases, the total number of ordinary shares in issue stands at 6,925,812,484.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.