Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Tesco plc ( (GB:TSCO) ) is now available.
Tesco has repurchased 412,764 ordinary shares at an average price of 484.54p as part of its existing £750 million share buyback programme, with all of the shares bought on 27 April 2026 set to be cancelled. The transaction was executed through Citigroup Global Markets and forms part of the capital return strategy authorised by shareholders at the 2025 annual meeting.
Following this latest buyback, Tesco now has 6,383,540,874 ordinary shares in issue and holds no treasury shares, a figure investors are instructed to use for regulatory disclosure calculations. Since the April 22 launch of this phase of the programme, the company has acquired 1,641,922 shares in aggregate for £8.0 million, underlining ongoing efforts to enhance earnings per share and adjust its capital structure in favour of shareholders.
The most recent analyst rating on (GB:TSCO) stock is a Hold with a £500.00 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 TSCO Stock
According to Spark, TipRanks’ AI Analyst, TSCO is a Outperform.
The score is driven primarily by solid financial execution (improving profitability and strong recent cash generation) and an attractive valuation (low P/E with a ~3% dividend). The earnings call reinforced confidence via upgraded cash outlook and continued buybacks, while leverage, thin margins, and cost/competitive pressures keep the score from moving higher; technicals are supportive but only moderately strong.
To see Spark’s full report on TSCO stock, click here.
More about Tesco plc
Tesco plc is a leading UK-based grocery and general merchandise retailer, operating a broad network of supermarkets and convenience stores with a focus on food, household goods and everyday essentials for mass-market consumers. It competes in a highly consolidated retail sector, where capital allocation decisions such as dividends and share buybacks are closely watched by investors seeking stable cash returns.
Average Trading Volume: 17,717,462
Technical Sentiment Signal: Buy
Current Market Cap: £31.16B
For a thorough assessment of TSCO stock, go to TipRanks’ Stock Analysis page.