Tesco plc (GB:TSCO) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
In a move to fulfil its £1 billion share buyback program, Tesco PLC has announced the purchase and cancellation of 450,000 of its own ordinary shares. The transaction, executed on 19 August 2024, involved shares bought at an average price of 341.97 pence each, with Goldman Sachs International acting as the broker. This latest buyback leaves Tesco with 6,857,440,664 ordinary shares remaining in issue.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.