Tesco PLC Executes Share Buyback Strategy
Company Announcements

Tesco PLC Executes Share Buyback Strategy

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

Tesco PLC has announced the buyback and cancellation of 100,000 of its ordinary shares at an average price of 361.57 pence per share, as part of its £1 billion share repurchase program. This transaction, conducted through Goldman Sachs International, reduces the number of ordinary shares in issue to 6,855,670,664. The company confirms that these figures will be relevant for shareholders to determine their notification obligations.

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

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