Tesco PLC Advances Share Buyback Program
Company Announcements

Tesco PLC Advances Share Buyback Program

Tesco plc (GB:TSCO) has released an update.

Tesco PLC has continued its share buyback program by purchasing 1,450,000 of its own shares on 25 June 2024, as part of a £1,000 million initiative authorized by its shareholders. These shares, bought at an average price of 307.42 pence each, will be cancelled, reducing the total number of shares in issue to 6,931,424,056. The transaction was brokered by Citigroup Global Markets Limited.

For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskTesco Advances Share Buyback, Cancels Shares
TipRanks UK Auto-Generated NewsdeskTesco PLC Advances £1 Billion Share Buyback
TipRanks UK Auto-Generated NewsdeskTesco Executive Cashes In On Share Options
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!