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Tesco plc ( (GB:TSCO) ) just unveiled an update.
Tesco PLC has announced the purchase and cancellation of 968,205 ordinary shares as part of its ongoing £1.45 billion share buyback program. This transaction, executed on August 7, 2025, follows previous purchases and contributes to a total of 191,006,331 shares bought back since April 2025, amounting to £736.7 million. The move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure, with implications for stakeholders in terms of shareholding adjustments and market positioning.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £3.75 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 positive technical indicators are the most significant factors contributing to its score. The ongoing share buyback program further enhances shareholder value, although the valuation is moderate. The absence of recent earnings call data limits the assessment of future guidance and sentiment.
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. The company primarily operates in the retail industry, offering a wide range of products including food, clothing, electronics, and financial services, with a strong market presence in the UK and several other countries.
Average Trading Volume: 18,363,265
Technical Sentiment Signal: Buy
Current Market Cap: £27.47B
For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.