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Tesco plc ( (GB:TSCO) ) has shared an update.
Tesco PLC announced the purchase of 915,950 ordinary shares on 16 September 2025, as part of its £1.45 billion share buyback program. The shares, bought at an average price of 438.16 pence, will be cancelled, reducing the total number of shares in issue to 6,520,116,148. This move is part of Tesco’s ongoing strategy to return value to shareholders, having already purchased 216,725,614 shares for £846.5 million since April 2025.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £460.00 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’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 grocery and general merchandise retailer headquartered in the United Kingdom. The company operates in the retail industry, providing a wide range of products including food, clothing, and household goods, with a significant market presence in the UK and several other countries.
Average Trading Volume: 15,009,670
Technical Sentiment Signal: Buy
Current Market Cap: £28.51B
See more data about TSCO stock on TipRanks’ Stock Analysis page.