Tesco Advances Share Buyback Programme with Latest Purchase

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

Tesco PLC has announced the purchase of 988,336 ordinary shares as part of its £1.45 billion share buyback programme, following previous announcements in April and July 2025. This transaction, executed on 11 August 2025, contributes to the company’s ongoing efforts to enhance shareholder value, with a total of 192,983,195 shares purchased since the programme’s commencement, amounting to £744.9 million.

The most recent analyst rating on (GB:TSCO) stock is a Buy with a £3.75 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 positive corporate events, particularly the share buyback program, are the most significant factors contributing to its score. The valuation is reasonable, offering a good balance of growth and income. However, mixed technical indicators suggest caution in the short term.

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 and other markets. The company is known for its wide range of products and services, including food, clothing, and financial services, with a strong focus on customer satisfaction and market expansion.

Average Trading Volume: 18,901,482

Technical Sentiment Signal: Buy

Current Market Cap: £26.48B

For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.