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Tesco Advances £1.45 Billion Share Buyback Program with Latest Share Purchase

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Tesco Advances £1.45 Billion Share Buyback Program with Latest Share Purchase

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An update from Tesco plc ( (GB:TSCO) ) is now available.

Tesco PLC has announced the purchase and cancellation of 942,523 ordinary shares as part of its £1.45 billion share buyback program. This transaction, executed on 22 August 2025, is part of a broader strategy to enhance shareholder value, with a total of 201,725,433 shares purchased since April 2025, amounting to £781.5 million.

The most recent analyst rating on (GB:TSCO) stock is a Buy with a £4.75 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, primarily operating in the United Kingdom. The company offers a wide range of products including food, clothing, and household goods, and is known for its extensive network of stores and online shopping services.

Average Trading Volume: 16,895,864

Technical Sentiment Signal: Buy

Current Market Cap: £27.7B

Find detailed analytics on TSCO stock on TipRanks’ Stock Analysis page.

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