Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced the repurchase of 273,499 ordinary shares as part of its ongoing £1 billion share buyback program. The shares, bought at an average price of 365.63 pence, will be canceled, reducing the total number of shares in circulation. This move is part of Tesco’s strategy to boost shareholder value by returning capital to investors.
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