Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 5,352,290 of its own shares on August 2, 2024, at an average price of 326.50 pence per share, as part of a £1 billion share buyback plan announced earlier. The acquired shares will be cancelled, reducing the total number of shares in issue to 6,903,870,927, which will also be the new denominator for shareholders’ calculations regarding their interest in the company.
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