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Tesco PLC Expands Share Buyback Program
Company Announcements

Tesco PLC Expands Share Buyback Program

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

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Tesco PLC has bolstered its share buyback program by purchasing over 5.8 million ordinary shares on November 8, 2024, at an average price of 343.67 pence per share. This move, part of a £1 billion initiative, will reduce the company’s outstanding share count to approximately 6.77 billion, potentially impacting shareholder interests and market dynamics.

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

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