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Tesco Advances £1.45 Billion Share Buyback Program

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Tesco Advances £1.45 Billion Share Buyback Program

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

Tesco PLC has announced the purchase of 3,431,529 ordinary shares as part of its £1.45 billion share buyback program, with the shares being cancelled. This transaction, executed on December 4, 2025, is part of a broader strategy to enhance shareholder value, having already purchased 320,840,895 shares since April 2025. The remaining number of ordinary shares in issue is now 6,416,000,867, which stakeholders can use to assess their interests under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TSCO) stock is a Hold with a £499.00 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 Neutral.

Tesco plc’s overall stock score reflects a stable financial position with positive technical indicators and strategic corporate actions. The strong earnings call and share buyback program enhance shareholder value, but high leverage and valuation concerns temper the outlook.

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, primarily operating in the UK and other countries. It offers a wide range of products, including food, clothing, and financial services, focusing on providing value and convenience to its customers.

Average Trading Volume: 15,683,470

Technical Sentiment Signal: Buy

Current Market Cap: £28.88B

See more insights into TSCO stock on TipRanks’ Stock Analysis page.

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