Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has repurchased 496,158 of its own shares at an average price of 355.65 pence as part of its £1 billion share buyback program. The repurchased shares will be canceled, reducing the total number of shares in circulation to 6,750,054,637. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure.
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