Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced the buyback of 100,000 of its ordinary shares on September 13, 2024, as part of its £1 billion share buyback program, at an average price of 365.99 pence per share. These shares will be cancelled, reducing the total number of shares in issue to 6,854,870,664. This move is in line with the authority granted by shareholders at the company’s 2024 Annual General Meeting.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.