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Tesco PLC Advances Share Buyback Program

Tesco PLC Advances Share Buyback Program

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

Tesco PLC has repurchased 349,040 of its own shares as part of its £1 billion share buyback program, with the average price per share at 369.58 pence. This move, executed on December 3, 2024, aims to bolster shareholder value by reducing the total number of shares in circulation. The share buyback is facilitated by Citigroup Global Markets Limited.

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

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