Tesco plc (GB:TSCO) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Tesco PLC has repurchased 4.6 million of its own shares as part of a £1 billion buyback program, in an effort to increase shareholder value. The shares were bought at an average price of 352.14 pence and will be cancelled, reducing the overall number of shares in circulation. This move might interest investors looking at Tesco’s strategies to enhance stock performance.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.
