Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced the buyback and cancellation of 100,000 of its ordinary shares at an average price of 361.12 pence each, as part of its ongoing £1 billion share buyback program. This transaction, carried out through Goldman Sachs International, reduces the total number of ordinary shares in issue to 6,853,170,664. The move is in line with the authorization granted by Tesco’s shareholders at the 2024 Annual General Meeting.
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