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The latest announcement is out from Tesco plc ( (GB:TSCO) ).
Tesco PLC announced the purchase of 269,213 ordinary shares as part of its ongoing £1 billion share buyback program, with shares bought at an average price of 370.48 pence each. The move, which aligns with shareholder authority from the 2024 AGM, will reduce the company’s outstanding shares to 6,746,607,234, potentially impacting stakeholder calculations under the Disclosure and Transparency Rules.
More about Tesco plc
Tesco PLC is a leading global retailer headquartered in the United Kingdom. The company primarily focuses on providing a wide range of groceries and general merchandise to consumers, operating through various store formats and online services.
YTD Price Performance: 32.46%
Average Trading Volume: 22,833,772
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.83B
See more insights into TSCO stock on TipRanks’ Stock Analysis page.
