Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced the continuation of its £1 billion share buyback program, launching a second tranche valued at up to £400 million, following the successful repurchase of shares worth £350 million in the previous phase. The program, operated in conjunction with Goldman Sachs, is aimed at reducing the company’s share capital and is conducted under the current buyback authority, adhering to UK market regulations.
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