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Tesco plc ( (GB:TSCO) ) has issued an announcement.
Tesco PLC announced the purchase of 920,000 ordinary shares as part of its ongoing £1.45 billion share buyback program, with the shares being cancelled. This transaction, conducted on 24 September 2025, is part of a broader strategy to enhance shareholder value, having already purchased 222,240,034 shares for £870.5 million since April 2025. The move is expected to impact the company’s share capital structure and may influence shareholder calculations under the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:TSCO) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Tesco plc stock, see the GB:TSCO Stock Forecast page.
Spark’s Take on GB:TSCO Stock
According to Spark, TipRanks’ AI Analyst, GB:TSCO is a Outperform.
Tesco’s strong financial performance and strategic share buyback program are the most significant factors contributing to its high score. The technical analysis and valuation indicate a stable market position, while the absence of recent earnings call data limits further insights.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco PLC is a leading multinational grocery and general merchandise retailer based in the United Kingdom. It operates in the retail industry, providing a wide range of products including food, clothing, electronics, and financial services, with a strong market presence in the UK and several other countries.
Average Trading Volume: 14,569,428
Technical Sentiment Signal: Buy
Current Market Cap: £28B
For an in-depth examination of TSCO stock, go to TipRanks’ Overview page.