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Tesco plc ( (GB:TSCO) ) has provided an update.
Tesco PLC has announced the repurchase of 266,493 ordinary shares as part of its ongoing £1 billion share buyback program, a move that reflects its commitment to returning value to shareholders. The purchased shares will be canceled, reducing the total number of ordinary shares in issue to 6,737,087,706, which may impact shareholder notifications under the Disclosure and Transparency Rules.
More about Tesco plc
Tesco PLC is a leading multinational grocery and general merchandise retailer, primarily operating in the UK and other parts of Europe. The company focuses on providing a wide range of products including food, clothing, and household goods, aiming to meet consumer needs through its expansive store network and online shopping platform.
YTD Price Performance: 2.47%
Average Trading Volume: 19,727,439
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £24.94B
Find detailed analytics on TSCO stock on TipRanks’ Stock Analysis page.
