Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has continued its £1 billion share buyback program, purchasing 100,000 ordinary shares at an average price of 362.45 pence per share on September 4, 2024. Following the buyback, the shares will be cancelled, and the total number of ordinary shares in issue will stand at 6,855,570,664. The company has confirmed that no shares are held in Treasury, and the remaining share count provides a new denominator for shareholders’ calculations regarding their interest in the company.
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