Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has continued its £1 billion share buyback program by purchasing 100,000 of its own ordinary shares on September 18, 2024, with an average price of 368.60 pence per share. The acquired shares are set to be cancelled, reducing the number of shares in issue to 6,854,570,664. This move is part of the company’s capital allocation strategy as authorized by shareholders during the annual general meeting.
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