Tesco plc (GB:TSCO) has released an update.
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Tesco PLC has repurchased 2,292,280 of its own shares as part of its ongoing £1 billion share buyback program, with the shares set to be cancelled. The average price paid per share was 342.22 pence, and this move reduces the total number of shares in circulation, potentially increasing shareholder value.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.
