Tesco PLC Executes Share Buyback Plan
Company Announcements

Tesco PLC Executes Share Buyback Plan

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

Tesco PLC has recently implemented a share buyback, purchasing 5,126,870 ordinary shares on August 1, 2024, as part of its £1 billion share buyback program, with shares acquired at an average price of 332.17 pence. Following the buyback, the total number of ordinary shares in issue stands at 6,909,223,217. These transactions are in line with the authority granted by shareholders and the shares purchased are to be cancelled.

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

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