tiprankstipranks
Tesco Continues Share Buyback, Cancels 2 Million Shares
Company Announcements

Tesco Continues Share Buyback, Cancels 2 Million Shares

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

Tesco PLC has continued its £1,000 million share buyback program by purchasing 2 million ordinary shares on 20 June 2024, which will subsequently be cancelled. This transaction, brokered by Citigroup Global Markets Limited, involved shares bought at an average price of 307.74 pence each. Post-purchase, the total number of shares in issue stands at 6,935,981,731, which shareholders and others can use as a reference for disclosure requirements.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles