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Tesco Advances Share Buyback Program with Latest Purchase

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Tesco Advances Share Buyback Program with Latest Purchase

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Tesco plc ( (GB:TSCO) ) has provided an announcement.

Tesco PLC has announced the purchase of 1,345,882 of its own ordinary shares as part of its £1.45 billion share buyback program. This transaction, executed on December 16, 2025, is part of the company’s ongoing strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share. Following this purchase, the total number of shares bought back since April 2025 amounts to 340,288,341, with a total expenditure of £1,400.5 million. The cancellation of these shares reflects Tesco’s commitment to optimizing its capital structure and delivering returns to its investors.

The most recent analyst rating on (GB:TSCO) stock is a Hold with a £450.00 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 multinational grocery and general merchandise retailer, primarily operating in the UK. The company is known for its wide range of products, including food, clothing, electronics, and financial services, catering to a diverse market segment.

Average Trading Volume: 15,906,760

Technical Sentiment Signal: Buy

Current Market Cap: £28.09B

See more insights into TSCO stock on TipRanks’ Stock Analysis page.

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