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Tesco plc ( (GB:TSCO) ) has shared an announcement.
Tesco plc has continued execution of its £1.45 billion share buyback programme, purchasing 466,271 ordinary shares on 15 January 2026 on the London Stock Exchange at an average price of 428.93p per share, with all repurchased shares to be cancelled. Following this latest transaction, Tesco’s shares in issue stand at 6,386,084,337, and the company has now bought back a total of 350,757,425 shares for approximately £1.446 billion since the programme’s launch in April 2025, a move that tightens the share count and underlines its ongoing commitment to returning capital to shareholders while potentially enhancing earnings per share and supporting its market valuation.
The most recent analyst rating on (GB:TSCO) stock is a Hold with a £440.00 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 Outperform.
Tesco plc’s overall stock score reflects a stable financial performance with some challenges in revenue growth and cash flow. The technical analysis suggests a positive momentum, and the valuation is fair. The earnings call provided a positive outlook with raised profit guidance, and the significant share buyback program enhances shareholder value.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco plc is a leading UK-based multinational grocery and general merchandise retailer, operating supermarkets and convenience stores with a focus on food, household goods and related services. Listed on the London Stock Exchange, it is one of the largest retailers in the UK market and a key constituent of the country’s equity indices, making its capital allocation decisions closely watched by investors.
Average Trading Volume: 15,118,765
Technical Sentiment Signal: Buy
Current Market Cap: £26.79B
For an in-depth examination of TSCO stock, go to TipRanks’ Overview page.