Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program, purchasing 100,000 ordinary shares at an average price of 368.72 pence each on September 12, 2024, as part of its £1 billion initiative announced at the 2024 Annual General Meeting. Following this transaction, the company’s total shares in issue are reduced to 6,854,970,664, with no shares held in Treasury. The buyback, executed through Goldman Sachs International, aims to reduce share capital, and the detailed breakdown of the individual purchases can be found in the attached announcement.
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