Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 100,000 of its own ordinary shares on September 2, 2024, as part of a larger £1 billion initiative approved by shareholders. The shares, bought through Goldman Sachs International at an average price of 356.05 pence each, will be cancelled, thereby reducing the total number of shares in issue to 6,855,770,664. This move may impact shareholders’ notification obligations under the Disclosure and Transparency Rules.
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