Tesco Cuts Share Count Further as £1.45bn Buyback Nears Completion

Tesco plc ( (GB:TSCO) ) has provided an announcement.

Tesco plc has continued executing its previously announced £1.45 billion share buyback programme, purchasing 451,154 ordinary shares on 31 December 2025 on the London Stock Exchange at an average price of 443.31 pence per share, with all shares to be cancelled. Following this latest transaction, Tesco’s share count falls to 6,390,728,499 ordinary shares in issue and the company has now bought back a total of 346,113,263 shares worth £1,426.1 million since the programme’s April 2025 launch, a move that tightens its share base and may enhance earnings per share while providing an updated reference figure for investors’ disclosure and transparency calculations.

The most recent analyst rating on (GB:TSCO) stock is a Hold with a £450.00 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 one of the UK’s largest grocery and general merchandise retailers, operating a nationwide network of supermarkets and convenience stores as well as online shopping services, with a primary focus on food retail and everyday consumer goods for households across its core markets.

Average Trading Volume: 15,044,377

Technical Sentiment Signal: Buy

Current Market Cap: £28.11B

For a thorough assessment of TSCO stock, go to TipRanks’ Stock Analysis page.