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Tesco PLC Advances Share Buyback Program

Tesco PLC Advances Share Buyback Program

Tesco plc (GB:TSCO) has released an update.

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Tesco PLC has continued its share buyback program by purchasing 100 ordinary shares at an average price of 291.30 pence each on April 25, 2024, as part of its £1 billion initiative. These shares are to be cancelled, reducing the total number of ordinary shares in issue to 7,038,930,040. This action follows shareholder authorization from the 2023 Annual General Meeting and is part of ongoing efforts to enhance shareholder value.

For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.

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