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Tesco plc ( (GB:TSCO) ) has shared an announcement.
Tesco PLC announced the purchase of 273,029 of its own ordinary shares as part of its £1 billion share buyback program, with the purchased shares to be canceled. This transaction, conducted on December 30, 2024, is part of the company’s ongoing strategy to return value to shareholders and reflects Tesco’s continued commitment to managing its capital structure effectively.
More about Tesco plc
Tesco PLC is a leading company in the retail industry, primarily known for its chain of supermarkets and hypermarkets. The company focuses on providing a wide range of grocery products, clothing, and general merchandise, serving millions of customers worldwide.
YTD Price Performance: 31.28%
Average Trading Volume: 22,767,164
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.6B
For a thorough assessment of TSCO stock, go to TipRanks’ Stock Analysis page.
