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 announced the purchase and subsequent cancellation of 100,000 of its own ordinary shares as part of its £1 billion share buyback program, with transactions occurring on September 25, 2024, at an average price of 365.15 pence per share. Following this transaction, the total number of ordinary shares in issue stands at 6,854,070,664. This move is in alignment with the authority granted by shareholders at the company’s 2024 Annual General Meeting.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskTesco PLC Progresses with Share Buyback
TipRanks UK Auto-Generated NewsdeskTesco PLC Completes Share Buyback Milestone
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App