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Tesco plc ( (GB:TSCO) ) has issued an update.
Tesco PLC has executed a share buyback transaction as part of its £1 billion programme, purchasing 269,213 ordinary shares on the London Stock Exchange on December 12, 2024. The shares, acquired at an average price of 370.48 pence, will be cancelled, reducing the total number of shares in issue to 6,746,607,234, impacting shareholder interests and transparency obligations under UK regulations.
More about Tesco plc
Tesco PLC is a prominent retailer operating in the grocery and general merchandise sector, primarily in the United Kingdom. The company offers a wide range of products including food, clothing, and household items, serving millions of customers weekly through its extensive network of stores and online platforms.
YTD Price Performance: 32.46%
Average Trading Volume: 22,833,772
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.83B
For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.
