Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced the purchase of 3,478,591 of its own ordinary shares as part of its £1 billion share buyback program, with the shares acquired at an average price of 332.19 pence each and subsequently cancelled. Following the buyback, the total number of remaining shares in issue stands at 6,922,333,893. This move is part of the company’s ongoing efforts to return value to shareholders and manage its capital structure efficiently.
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