Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has announced the purchase and subsequent cancellation of a number of its own ordinary shares as part of its £1,000 million share buyback program, following shareholder authorization at the 2023 AGM. The transaction involved 100 ordinary shares bought at a uniform price, with the remaining shares in issue now totaling 7,038,929,940. This buyback is part of the company’s ongoing efforts to return value to shareholders.
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