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Tesco plc ( (GB:TSCO) ) has shared an update.
Tesco plc has continued its £1.45 billion share buyback programme, repurchasing 476,674 ordinary shares on 14 January 2026 at an average price of 419.57 pence per share, with all shares to be cancelled. Following this latest transaction, Tesco’s share count will fall to 6,386,550,608 shares in issue and, since the programme’s launch in April 2025, the company has bought back 350,291,154 shares for a total of £1,444.2 million, signalling an ongoing commitment to returning capital to shareholders and potentially enhancing earnings per share and capital structure efficiency.
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 leading UK-based multinational grocery and general merchandise retailer, operating supermarkets and convenience stores with a primary focus on food, everyday essentials and related services for mass-market consumers.
Average Trading Volume: 15,040,703
Technical Sentiment Signal: Buy
Current Market Cap: £26.51B
Find detailed analytics on TSCO stock on TipRanks’ Stock Analysis page.