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Tesco plc ( (GB:TSCO) ) has provided an announcement.
Tesco PLC has announced the purchase of 944,134 of its own ordinary shares as part of its ongoing £1.45 billion share buyback program. This transaction, executed on 02 September 2025, was conducted through Goldman Sachs International and will result in the cancellation of the purchased shares. Following this purchase, the total number of shares in issue will be 6,529,341,741. Since the program’s commencement in April 2025, Tesco has bought back 207,500,021 shares, amounting to £806.1 million, reflecting its commitment to returning value to shareholders.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Tesco plc stock, see the GB:TSCO Stock Forecast page.
Spark’s Take on GB:TSCO Stock
According to Spark, TipRanks’ AI Analyst, GB:TSCO is a Outperform.
Tesco’s strong financial performance and strategic share buyback program are the most significant factors contributing to its high score. The technical analysis and valuation indicate a stable market position, while the absence of recent earnings call data limits further insights.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco PLC is a leading multinational grocery and general merchandise retailer based in the United Kingdom. It operates in the retail industry, providing a wide range of products including food, clothing, electronics, and financial services, with a significant market presence in Europe and Asia.
Average Trading Volume: 16,018,991
Technical Sentiment Signal: Buy
Current Market Cap: £27.45B
For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.