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Tesco PLC Concludes Share Buyback Transaction

Tesco PLC Concludes Share Buyback Transaction

Tesco plc (GB:TSCO) has released an update.

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Tesco PLC has announced the completion of a share buyback on September 16, 2024, in which 100,000 ordinary shares were repurchased and subsequently cancelled as part of its ongoing £1 billion program. The buyback, executed through Goldman Sachs International, involved shares purchased at an average price of 369.61 pence each. Following the transaction, Tesco’s total number of shares in issue stands at 6,854,770,664.

For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.

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