Tesco Reduces Share Count Further as £1.45bn Buyback Nears Completion

Tesco plc ( (GB:TSCO) ) has provided an announcement.

Tesco plc has continued executing its £1.45 billion share buyback programme, purchasing 485,581 ordinary shares on 24 December 2025 at an average price of 439.08 pence per share, with all repurchased shares to be cancelled. Following this latest transaction, Tesco’s share count will fall to 6,392,185,932 shares in issue, and since the programme’s commencement in April 2025 the company has bought back 344,655,830 shares for £1,419.7 million in aggregate, signalling an ongoing commitment to returning capital to shareholders and potentially enhancing earnings per share and equity concentration for remaining investors.

The most recent analyst rating on (GB:TSCO) stock is a Hold with a £450.00 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 overall stock score reflects a stable financial performance with some challenges in revenue growth and cash flow. The technical analysis suggests a positive momentum, and the valuation is fair. The earnings call provided a positive outlook with raised profit guidance, and the significant share buyback program enhances shareholder value.

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

More about Tesco plc

Tesco plc is a leading UK-based multinational grocery and general merchandise retailer, operating a broad network of supermarkets and convenience stores with a primary focus on food, everyday essentials and related services for mass-market consumers.

Average Trading Volume: 16,090,327

Technical Sentiment Signal: Buy

Current Market Cap: £27.87B

For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.