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Tesco Continues £1 Billion Share Buyback

Tesco Continues £1 Billion Share Buyback

Tesco plc (GB:TSCO) has released an update.

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Tesco PLC has announced the continuation of its £1 billion share buyback program with the latest purchase of 100,000 ordinary shares for cancellation. The transaction, executed on 28 August 2024 at an average price of 348.94 pence per share, was facilitated by Goldman Sachs International. Following this buyback, the total number of ordinary shares in issue stands at 6,856,070,664.

For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.

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