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Tesco plc ( (GB:TSCO) ) has provided an announcement.
Tesco PLC has announced the purchase and subsequent cancellation of 272,456 of its ordinary shares as part of a £1 billion share buyback program. This transaction, executed on December 20, 2024, aligns with the authority granted by shareholders at the company’s 2024 Annual General Meeting, and affects the total number of shares in circulation, potentially impacting shareholder interests and disclosure obligations.
More about Tesco plc
Tesco PLC is a leading multinational retail company based in the United Kingdom, primarily engaged in the grocery and general merchandise sectors. It operates a chain of supermarkets and hypermarkets, focusing on providing a wide range of products to consumers in several countries.
YTD Price Performance: 31.10%
Average Trading Volume: 23,090,680
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.57B
For a thorough assessment of TSCO stock, go to TipRanks’ Stock Analysis page.
