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Tesco plc ( (GB:TSCO) ) has provided an update.
Tesco plc has continued execution of its £1.45 billion share buyback programme, purchasing 454,043 ordinary shares on 5 January 2026 on the London Stock Exchange at an average price of 440.49 pence per share, with the shares to be cancelled. Following this transaction, Tesco’s total shares in issue fall to 6,389,822,971, with no shares held in treasury, and the company has now cumulatively repurchased 347,018,791 shares for £1,430.1 million since April 2025, signalling an ongoing capital return to shareholders and a focused approach to managing its capital structure and earnings per share.
The most recent analyst rating on (GB:TSCO) stock is a Buy 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 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 UK-based grocery and general merchandise retailer, operating supermarkets and convenience stores with a primary focus on food, household goods and everyday essentials for consumers in the UK and internationally.
Average Trading Volume: 14,984,430
Technical Sentiment Signal: Buy
Current Market Cap: £28.13B
For an in-depth examination of TSCO stock, go to TipRanks’ Overview page.