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Tesco Enhances Shareholder Value with Latest Buyback
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Tesco Enhances Shareholder Value with Latest Buyback

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Invest with Confidence:

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

Tesco PLC announced the purchase of 270,102 ordinary shares as part of its £1 billion share buyback program, approved at the 2024 Annual General Meeting. This transaction, executed via Citigroup Global Markets Limited, reduced the company’s total shares in issue to 6,738,159,845, impacting shareholder calculations under disclosure rules.

More about Tesco plc

Tesco PLC is a leading multinational retailer operating primarily in the grocery and general merchandise sector. The company focuses on providing a wide range of products including food, clothing, and household items through its extensive network of stores and online platforms.

YTD Price Performance: 0.14%

Average Trading Volume: 21,131,505

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £24.83B

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

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