Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 1,195,550 of its own ordinary shares on June 26, 2024, for an average price of 309.08 pence per share, as part of a £1,000 million initiative. The acquired shares will be cancelled, consequently reducing the number of shares in issue to 6,930,228,506. This latest transaction is in line with the authority granted by Tesco shareholders at the 2024 Annual General Meeting.
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