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The latest update is out from Tesco plc ( (GB:TSCO) ).
Tesco PLC announced the purchase of 272,230 ordinary shares as part of its ongoing £1 billion share buyback program, with the shares being acquired on 31 December 2024 and subsequently cancelled. This transaction, executed on the London Stock Exchange and brokered by Citigroup Global Markets Limited, affects the total number of shares in circulation and serves as a strategic move to enhance shareholder value, reflecting Tesco’s commitment to returning capital to shareholders.
More about Tesco plc
Tesco PLC is a prominent player in the retail industry, primarily offering groceries and general merchandise. It operates predominantly in the UK and several other countries, focusing on providing a wide range of products to consumers.
Average Trading Volume: 22,050,761
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.69B
See more insights into TSCO stock on TipRanks’ Stock Analysis page.
