Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has repurchased over 3.8 million of its own shares as part of a £1 billion share buyback program, with an average price of 357.77 pence per share. These shares will be cancelled, reducing the total number of shares in circulation to approximately 6.78 billion. This move may impact shareholder calculations and interest disclosures under UK market regulations.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.
