Investment PlansTesco is announcing a new round of Save to Invest of £500mn, in line with forecast, which is expected to absorb the wage/NIC inflation coming through the year.
Share BuybackTesco announced a new £1,450mn buyback, to be completed by April 2026, in line with forecast.
ValuationValuation is attractive at just 12.8x NTM PE, well below its relative valuation to the EU Index.