Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has announced the repurchase of over 5.7 million of its ordinary shares at an average price of 344.57 pence as part of its £1 billion share buyback program. This move, aimed at reducing the number of shares in circulation, is expected to enhance shareholder value. The company no longer holds any shares in Treasury and continues to adjust its share count post-buyback.
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