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Tesco plc ( (GB:TSCO) ) has shared an update.
Tesco PLC has announced the purchase of 1,000,667 of its own ordinary shares as part of its £1.45 billion share buyback program. This transaction, executed on 29 August 2025, is part of a broader strategy to enhance shareholder value, with the purchased shares set to be cancelled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares.
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 retail company based in the United Kingdom, primarily engaged in the grocery and general merchandise sectors. It operates a chain of supermarkets and hypermarkets, focusing on providing a wide range of products to consumers in the UK and internationally.
Average Trading Volume: 16,314,137
Technical Sentiment Signal: Buy
Current Market Cap: £27.45B
For an in-depth examination of TSCO stock, go to TipRanks’ Overview page.