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An update from Tesco plc ( (GB:TSCO) ) is now available.
Tesco PLC has continued to execute its £1.45 billion share buyback programme, repurchasing 440,936 ordinary shares on 6 January 2026 at an average price of 453.58p per share, with all purchased shares to be cancelled. Following this latest transaction, Tesco now has 6,389,382,035 ordinary shares in issue and has bought back a total of 347.46 million shares since April 2025, amounting to £1,432.1 million, signalling ongoing capital returns to shareholders and a reduced share count that may enhance earnings per share and influence investors’ disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £500.00 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 grocery and general merchandise retailer, operating supermarkets and related retail services with a primary focus on the UK market and listings on the London Stock Exchange.
Average Trading Volume: 14,824,889
Technical Sentiment Signal: Buy
Current Market Cap: £28.15B
Find detailed analytics on TSCO stock on TipRanks’ Stock Analysis page.