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Tesco PLC Advances Share Buyback Program with Latest Purchase

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Tesco PLC Advances Share Buyback Program with Latest Purchase

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The latest announcement is out from Tesco plc ( (GB:TSCO) ).

Tesco PLC announced the purchase of 4,169,998 of its own ordinary shares as part of its £1.45 billion share buyback program. This transaction, executed on November 27, 2025, is part of a broader strategy to enhance shareholder value, with the shares being cancelled to reduce the total number of shares in circulation, thereby potentially increasing the value of remaining shares.

The most recent analyst rating on (GB:TSCO) stock is a Buy with a £440.00 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 plc’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, while the valuation suggests a premium price. Overall, Tesco is well-positioned for growth, but maintaining financial discipline will be crucial.

To see Spark’s full report on GB:TSCO stock, click here.

More about Tesco plc

Tesco PLC is a leading multinational retailer, primarily engaged in the grocery and general merchandise sectors. It operates numerous stores across the UK and other countries, focusing on providing a wide range of products to meet diverse consumer needs.

Average Trading Volume: 15,194,151

Technical Sentiment Signal: Buy

Current Market Cap: £29.07B

See more data about TSCO stock on TipRanks’ Stock Analysis page.

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