Tesco Nears Completion of £1.45bn Share Buyback With Further Share Purchases

An announcement from Tesco plc ( (GB:TSCO) ) is now available.

Tesco PLC has continued its £1.45 billion share buyback programme, purchasing 822,783 ordinary shares on 18 December 2025 on the London Stock Exchange at an average price of 439.67 pence per share, with all bought-back shares to be cancelled. Following this latest transaction, Tesco’s share count will fall to 6,394,621,270 shares in issue and, since the programme’s launch in April 2025, the company has acquired 342.2 million shares for cancellation at a total cost of £1.409 billion, underscoring an ongoing capital return strategy that reduces share capital and may enhance earnings per share for remaining investors.

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 a leading UK-based multinational grocery and general merchandise retailer, operating supermarkets and convenience stores with a focus on food, everyday essentials and related services for mass-market consumers.

Average Trading Volume: 15,763,611

Technical Sentiment Signal: Buy

Current Market Cap: £27.94B

See more data about TSCO stock on TipRanks’ Stock Analysis page.