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Tesco plc ( (GB:TSCO) ) has shared an announcement.
Tesco PLC has announced the purchase and cancellation of 977,166 ordinary shares as part of its ongoing £1.45 billion share buyback program. This transaction, executed on 18 August 2025, reflects Tesco’s commitment to returning value to shareholders, with the total shares purchased since April 2025 reaching 197,921,516, amounting to £765.3 million. This strategic move is likely to impact the company’s share capital structure and could influence market perceptions and shareholder value.
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 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 retailer headquartered in the UK, primarily engaged in the grocery and general merchandise sectors. It operates a chain of supermarkets and hypermarkets, serving a broad market with a focus on providing a wide range of products at competitive prices.
Average Trading Volume: 17,784,969
Technical Sentiment Signal: Buy
Current Market Cap: £26.87B
Learn more about TSCO stock on TipRanks’ Stock Analysis page.