Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 100,000 of its own ordinary shares on October 3, 2024, for cancellation, as part of a £1 billion initiative approved by shareholders. The shares were bought through Goldman Sachs International at an average price of 363.23 pence per share, with the remaining shares in issue now totalling 6,853,470,664. This move may influence shareholders’ notification obligations under the Disclosure and Transparency Rules.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.