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Tesco Executes Share Buyback as Part of £1 Billion Program
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Tesco Executes Share Buyback as Part of £1 Billion Program

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Tesco plc ( (GB:TSCO) ) has shared an announcement.

Tesco PLC announced a significant transaction involving the repurchase of 271,710 of its ordinary shares as part of its £1 billion share buyback program. The shares, purchased on the London Stock Exchange, will be cancelled, impacting the total number of shares in circulation and potentially influencing shareholder value calculations.

More about Tesco plc

Tesco PLC is a leading multinational retailer, primarily focusing on groceries and general merchandise. As one of the largest supermarket chains in the UK, Tesco operates in the highly competitive retail sector, catering to a broad market with a significant presence on the London Stock Exchange.

YTD Price Performance: 31.85%

Average Trading Volume: 23,030,180

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £24.71B

See more data about TSCO stock on TipRanks’ Stock Analysis page.

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