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Tesco PLC Boosts Shareholder Value with Buyback
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Tesco PLC Boosts Shareholder Value with Buyback

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

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Tesco PLC has repurchased 626,201 of its ordinary shares as part of its £1 billion share buyback program, with an average price of 349.38 pence per share. These shares will be cancelled, reducing the total number of shares in circulation to 6,752,244,442. This move reflects Tesco’s ongoing strategy to enhance shareholder value.

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

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