tiprankstipranks
Tesco PLC Advances £1 Billion Share Buyback
Company Announcements

Tesco PLC Advances £1 Billion Share Buyback

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

Pick the best stocks and maximize your portfolio:

Tesco PLC has executed a share buyback, purchasing 323,762 ordinary shares on December 4, 2024, as part of its £1 billion program. The average price paid per share was 373.39 pence, with the acquired shares set to be cancelled. This move reduces the total number of Tesco’s ordinary shares in issue to 6.75 billion, potentially impacting shareholder calculations under disclosure rules.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskTesco Executes Share Buyback, Reducing Outstanding Shares
TipRanks UK Auto-Generated NewsdeskTesco Strengthens Board with New Non-executive Director Appointment
TipRanks UK Auto-Generated NewsdeskTesco Enhances Shareholder Value with Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App