Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Tesco plc ( (GB:TSCO) ) has issued an update.
Tesco plc has continued execution of its £1.45 billion share buyback programme, repurchasing 476,159 ordinary shares on 13 January 2026 at an average price of 420.03 pence per share for cancellation. Following this transaction, Tesco’s total shares in issue have been reduced to 6,387,027,282, with no shares held in treasury, and since the launch of the programme in April 2025 the company has bought back 349,814,480 shares worth approximately £1.44 billion, tightening its share base and potentially enhancing earnings per share for existing investors while clarifying the updated denominator for regulatory disclosure thresholds.
The most recent analyst rating on (GB:TSCO) stock is a Hold with a £440.00 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 major UK-based multinational retailer, primarily operating supermarkets and convenience stores that offer groceries, general merchandise and related services to mass-market consumers. Listed on the London Stock Exchange, it is one of the largest food and grocery chains in the UK, with a significant focus on shareholder returns and capital allocation through dividends and share buyback programmes.
Average Trading Volume: 15,478,664
Technical Sentiment Signal: Buy
Current Market Cap: £26.41B
For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.