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Tesco PLC (GB:TSCO)
LSE:TSCO

Tesco plc (TSCO) AI Stock Analysis

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GBTesco plc
(LSE:TSCO)
73Outperform
Tesco's overall stock score is bolstered by strong financial performance and positive corporate actions. While technical indicators suggest upward momentum, caution is advised due to potential overbought conditions. The high P/E ratio indicates possible overvaluation, but the company's dividend yield and strategic initiatives, such as share buybacks, provide additional support.
Positive Factors
Market Leadership
Tesco is a diversified, simplified story with dominance and market leadership across all channels in the UK with 28% total market share.
Stock Buyback
Tesco will execute an extra one-off buyback of £700m in FY25, bringing the total to £1.45bn, which is 6% of market cap.
Valuation
Valuation is attractive at just 12.8x NTM PE, well below its relative valuation to the EU Index.
Negative Factors

Tesco plc (TSCO) vs. S&P 500 (SPY)

Tesco plc Business Overview & Revenue Model

Company DescriptionFounded in 1919, Tesco is one of the world's leading food retailers, running nearly 6,700 stores across the U.K. and Ireland (which combine for 78% of sales and 63% of operating profit before exceptional items), Eastern Europe, and Asia. According to Kantar, it is the leader in the U.K. with around 27% market share, nearly double rivals Asda (15%) and J Sainsbury (15%). Tesco is multiformat, running a core supermarket chain but also convenience and neighbourhood stores; additionally, 11% of its global revenue comes from petrol. The group has a leading position online, with 40% digital market share in the U.K.Tesco gained exposure in the cash-and-carry and out-of-home delivered markets through the 2017 acquisition of Booker Group in a groundbreaking GBP 4 billion deal.
How the Company Makes MoneyTesco makes money primarily through the sale of food and non-food products in its retail stores and online platforms. The company's key revenue streams include supermarkets, convenience stores, and hypermarkets, which offer a diverse range of products to meet customer needs. Tesco also generates revenue through its private label brands, which provide higher margins compared to third-party products. Additionally, Tesco Bank contributes to the company's earnings by offering financial services such as personal banking, insurance, and credit cards. The company has strategic partnerships and supplier relationships that help optimize its supply chain and cost structure, thereby enhancing profitability. Tesco's Clubcard loyalty program also plays a significant role in driving customer retention and increasing sales.

Tesco plc Financial Statement Overview

Summary
Tesco exhibits robust financial performance with strong profitability metrics and consistent revenue growth. The company's moderate leverage and solid cash flow generation highlight its financial stability, although the slight negative growth in free cash flow warrants monitoring.
Income Statement
85
Very Positive
Tesco shows strong profitability with a gross profit margin of 7.11% and a net profit margin of 1.74% for 2024. Revenue grew by 3.68% over the past year, indicating healthy top-line growth. The EBIT margin is 4.14%, while the EBITDA margin is 7.04%, reflecting efficient operations. Consistent revenue and profit growth highlight Tesco's solid financial health.
Balance Sheet
78
Positive
The company's debt-to-equity ratio is 1.27, indicating moderate leverage that is manageable but should be monitored. Return on Equity (ROE) stands at 10.18%, showcasing effective use of equity to generate profit. The equity ratio of 24.81% suggests a stable financial structure with a balanced mix of debt and equity.
Cash Flow
80
Positive
Tesco's free cash flow growth is slightly negative at -4.03%, but operating cash flow is solid, showing a ratio of 3.23 to net income, indicating strong cash generation relative to profit. The free cash flow to net income ratio is 2.06, demonstrating efficient conversion of profits into free cash flow.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
68.81B68.19B65.76B61.34B57.89B58.09B
Gross Profit
4.95B4.85B4.68B4.69B3.86B4.41B
EBIT
2.89B2.82B2.62B2.71B2.09B2.67B
EBITDA
4.36B4.80B3.19B4.39B3.05B3.91B
Net Income Common Stockholders
1.32B1.19B737.00M1.48B690.00M971.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.26B4.67B4.45B4.65B3.70B5.42B
Total Assets
56.90B47.04B46.13B49.35B45.51B53.15B
Total Debt
17.65B14.84B15.08B15.36B15.67B17.79B
Net Debt
15.78B12.50B12.61B13.01B13.16B13.65B
Total Liabilities
43.47B35.37B33.90B33.71B33.45B39.78B
Stockholders Equity
13.46B11.67B12.24B15.66B12.08B13.39B
Cash FlowFree Cash Flow
2.48B2.45B2.56B2.61B-737.00M-1.10B
Operating Cash Flow
3.71B3.84B3.81B3.79B640.00M108.00M
Investing Cash Flow
226.00M-1.70B-790.00M-1.77B6.13B2.34B
Financing Cash Flow
-3.10B-1.86B-3.19B-2.23B-7.84B-1.94B

Tesco plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price379.00
Price Trends
50DMA
374.59
Positive
100DMA
366.03
Positive
200DMA
347.88
Positive
Market Momentum
MACD
1.23
Positive
RSI
49.43
Neutral
STOCH
60.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TSCO, the sentiment is Positive. The current price of 379 is below the 20-day moving average (MA) of 384.38, above the 50-day MA of 374.59, and above the 200-day MA of 347.88, indicating a neutral trend. The MACD of 1.23 indicates Positive momentum. The RSI at 49.43 is Neutral, neither overbought nor oversold. The STOCH value of 60.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TSCO.

Tesco plc Risk Analysis

Tesco plc disclosed 15 risk factors in its most recent earnings report. Tesco plc reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Tesco plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£26.03B23.1110.18%3.31%
GBMKS
70
Outperform
£7.60B14.9015.23%0.82%6.87%22.36%
GBBME
67
Neutral
£2.57B7.8739.62%5.57%6.82%-8.24%
64
Neutral
£5.77B42.231.99%5.17%2.66%80.49%
63
Neutral
$20.85B13.27-10.88%7.48%1.13%11.50%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TSCO
Tesco plc
379.00
107.50
39.59%
OCDGF
Ocado Group
3.15
-2.68
-45.97%
DGEAF
Diageo
28.00
-7.42
-20.95%
GB:BME
B&M European Value Retail SA
260.60
-244.42
-48.40%
GB:MKS
Marks and Spencer
376.60
132.56
54.32%
GB:SBRY
J Sainsbury plc
249.40
13.10
5.54%

Tesco plc Corporate Events

Regulatory Filings and Compliance
Tesco PLC Announces Share Capital and Voting Rights Update
Neutral
Mar 3, 2025

Tesco PLC announced its total voting rights and capital structure, revealing a share capital of 6,736,841,762 ordinary shares as of February 28, 2025. This figure is crucial for shareholders and stakeholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

Executive/Board ChangesBusiness Operations and StrategyRegulatory Filings and Compliance
Tesco Aligns Executive Interests with Shareholder Value through Share Incentive Plan
Positive
Feb 17, 2025

Tesco PLC announced that the Trustees of its Share Incentive Plan have acquired shares on behalf of several key executives, including the Group CEO and other senior management figures. This move, compliant with the UK Market Abuse Regulation, highlights Tesco’s commitment to aligning managerial interests with shareholder value and could impact the company’s governance dynamics positively.

Stock BuybackBusiness Operations and Strategy
Tesco Advances £1 Billion Share Buyback with Latest Purchase
Positive
Feb 6, 2025

Tesco PLC announced the purchase and cancellation of 245,944 ordinary shares as part of its £1 billion share buyback program. The transaction, executed on 05 February 2025, was conducted on the London Stock Exchange and reflects Tesco’s strategic effort to enhance shareholder value. The cancellation of these shares impacts the total number of ordinary shares in circulation, providing a new denominator for shareholders and stakeholders to assess their interest in the company.

Stock Buyback
Tesco PLC Advances £1 Billion Share Buyback with Latest Purchase
Positive
Feb 5, 2025

Tesco PLC has announced the repurchase of 266,493 ordinary shares as part of its ongoing £1 billion share buyback program, a move that reflects its commitment to returning value to shareholders. The purchased shares will be canceled, reducing the total number of ordinary shares in issue to 6,737,087,706, which may impact shareholder notifications under the Disclosure and Transparency Rules.

Stock BuybackBusiness Operations and Strategy
Tesco Advances Share Buyback Program with Latest Purchase
Positive
Feb 4, 2025

Tesco PLC recently announced the purchase and cancellation of 269,330 ordinary shares as part of its £1 billion share buyback program, which was authorized by shareholders at the 2024 Annual General Meeting. This transaction, executed on February 3, 2025, indicates Tesco’s ongoing commitment to returning value to shareholders and reflects its financial stability and strategic focus on optimizing capital structure. The remaining number of ordinary shares in issue is now 6,737,354,199, which serves as the new basis for shareholder interest calculations under the Disclosure and Transparency Rules.

Regulatory Filings and Compliance
Tesco PLC Announces Total Voting Rights and Capital Structure
Neutral
Feb 3, 2025

Tesco PLC announced its total voting rights and capital structure as of January 31, 2025, revealing a share capital comprised of 6,737,623,529 ordinary shares. Each share grants the holder one vote at general company meetings. This information is crucial for shareholders and stakeholders in determining notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

Stock Buyback
Tesco Advances £1 Billion Share Buyback with Latest Purchase
Positive
Feb 3, 2025

Tesco PLC announced the repurchase of 267,701 ordinary shares as part of its ongoing £1 billion share buyback program. This action is expected to enhance shareholder value by reducing the number of shares outstanding, thereby potentially increasing earnings per share. The repurchased shares will be cancelled, leaving 6,737,623,529 shares in issue, which will impact investor calculations under the Disclosure and Transparency Rules.

Shareholder MeetingsStock Buyback
Tesco Enhances Shareholder Value with Latest Buyback
Positive
Jan 30, 2025

Tesco PLC announced the purchase of 270,102 ordinary shares as part of its £1 billion share buyback program, approved at the 2024 Annual General Meeting. This transaction, executed via Citigroup Global Markets Limited, reduced the company’s total shares in issue to 6,738,159,845, impacting shareholder calculations under disclosure rules.

Regulatory Filings and Compliance
Tesco Chair Acquires 40,000 Shares Reflecting Insider Confidence
Positive
Jan 29, 2025

Tesco PLC has announced that Gerry Murphy, the Chair of the company, has purchased 40,000 ordinary shares at a price of £3.711666 per share, amounting to a total investment of £148,466.64. This transaction, conducted on the London Stock Exchange, reflects insider confidence in the company’s performance and complies with the Market Abuse Regulation, signaling potential positive expectations for investors and stakeholders.

Stock Buyback
Tesco PLC Advances Share Buyback Initiative
Positive
Jan 29, 2025

Tesco PLC announced the purchase and cancellation of 270,483 of its ordinary shares as part of its ongoing £1 billion share buyback program, authorized by shareholders at the 2024 Annual General Meeting. This transaction reflects the company’s commitment to returning value to its shareholders and may have implications for shareholding calculations under the Disclosure and Transparency Rules, as it reduces the total number of shares in circulation to 6,738,429,947.

Stock BuybackBusiness Operations and Strategy
Tesco Enhances Shareholder Value with Continued Share Buyback
Positive
Jan 28, 2025

Tesco PLC announced the repurchase of 274,116 ordinary shares as part of its ongoing £1 billion share buyback program, authorized at the 2024 Annual General Meeting. The purchased shares will be cancelled, reducing the total number of shares in circulation to 6,738,700,430. This move is part of Tesco’s strategy to enhance shareholder value and optimize its capital structure.

Stock Buyback
Tesco Advances £1 Billion Share Buyback Program
Positive
Jan 27, 2025

Tesco PLC announced the purchase and cancellation of 276,182 ordinary shares as part of its ongoing £1 billion share buyback program, following previous announcements and shareholder approval in 2024. This transaction reduces the total number of shares in issue, potentially impacting shareholder calculations and indicating Tesco’s commitment to returning value to its investors.

Stock Buyback
Tesco Executes Share Buyback, Reducing Outstanding Shares
Neutral
Jan 24, 2025

Tesco PLC announced the purchase and cancellation of 272,275 ordinary shares as part of its ongoing £1 billion share buyback program, authorized by shareholders at the 2024 Annual General Meeting. This transaction, executed on the London Stock Exchange, reduces the total number of outstanding shares to 6,739,250,728, impacting shareholder interest calculations under the UK’s Disclosure and Transparency Rules.

Stock BuybackBusiness Operations and Strategy
Tesco Advances £1 Billion Share Buyback Program with Latest Share Purchase
Positive
Jan 23, 2025

Tesco PLC announced the purchase of 271,184 of its own ordinary shares as part of its ongoing £1 billion share buyback program, authorized at the 2024 Annual General Meeting. These shares, bought at an average price of 368.75 pence, will be cancelled, reducing the total number of outstanding shares to 6,739,523,003. This move is part of Tesco’s strategy to return value to shareholders and maintain its market position.

Stock Buyback
Tesco Advances Share Buyback Initiative with Recent Share Purchase
Neutral
Jan 22, 2025

Tesco PLC has announced the purchase and subsequent cancellation of 272,949 ordinary shares as part of its £1 billion share buyback program. This transaction, conducted on January 21, 2025, on the London Stock Exchange, reflects the company’s ongoing efforts to manage its share capital and deliver shareholder value, aligning with previous authorizations and market regulations.

Stock BuybackBusiness Operations and Strategy
Tesco Enhances Shareholder Value with Share Buyback
Positive
Jan 21, 2025

Tesco PLC announced the purchase of 273,646 ordinary shares as part of its £1 billion share buyback programme, with the shares being subsequently cancelled. This transaction, executed on the London Stock Exchange with Citigroup Global Markets Limited as broker, reflects the company’s strategic initiative to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and market confidence.

Executive/Board ChangesBusiness Operations and StrategyRegulatory Filings and Compliance
Tesco Executives Acquire Shares Under Incentive Plan
Positive
Jan 20, 2025

Tesco PLC announced that the Trustees of its Share Incentive Plan have purchased shares under the Partnership Share Scheme on behalf of several key executives. This move, compliant with the UK Market Abuse Regulation, demonstrates the company’s commitment to aligning managerial interests with shareholder value, potentially strengthening its governance and stakeholder confidence.

Stock Buyback
Tesco Executes Share Buyback to Enhance Shareholder Value
Positive
Jan 20, 2025

Tesco PLC has executed a share buyback program, purchasing 274,174 ordinary shares on the London Stock Exchange as part of its £1 billion share buyback initiative. This transaction reflects Tesco’s focus on optimizing shareholder value and adjusting its capital structure, impacting the company’s overall share count and providing a metric for shareholder interest calculations.

Tesco PLC Continues Share Buyback to Boost Shareholder Value
Jan 17, 2025

Tesco PLC announced the purchase of 277,582 ordinary shares as part of its ongoing £1 billion share buyback program, with shares set to be cancelled to reduce the number of shares in circulation. This transaction aims to enhance shareholder value and reflects Tesco’s strong financial position, potentially impacting investor interest and market perceptions positively.

Tesco PLC Advances Share Buyback Program with Recent Share Purchase
Jan 16, 2025

Tesco PLC announced the purchase of 278,684 ordinary shares as part of its existing £1 billion share buyback program, following shareholder approval at the 2024 Annual General Meeting. This transaction, conducted on the London Stock Exchange, will lead to the cancellation of the purchased shares, impacting the total number of shares in issue, which will now stand at 6,740,892,538. The move is part of Tesco’s strategy to return value to shareholders and manage capital efficiently.

Tesco Executes Share Buyback to Enhance Shareholder Value
Jan 15, 2025

Tesco PLC announced the repurchase of 280,687 ordinary shares on the London Stock Exchange as part of its £1 billion share buyback program, following shareholder approval at the 2024 Annual General Meeting. This transaction, executed through Citigroup Global Markets Limited, reduces the total number of shares in issue to 6,741,171,222 and is part of Tesco’s strategy to enhance shareholder value by decreasing share count, potentially increasing earnings per share.

Tesco Enhances Shareholder Value with Share Buyback
Jan 14, 2025

Tesco PLC announced the purchase and cancellation of 277,544 ordinary shares as part of its ongoing £1 billion share buyback program. This transaction, executed on the London Stock Exchange with Citigroup Global Markets Limited as the broker, reflects Tesco’s commitment to returning value to shareholders and adjusting its capital structure. The move reduces the total number of ordinary shares in circulation, thus potentially impacting shareholder calculations and interest notifications under the Disclosure and Transparency Rules.

Tesco Advances Share Buyback with Latest Share Purchase
Jan 13, 2025

Tesco PLC has announced the purchase of 277,270 ordinary shares as part of its £1 billion share buyback program, which was authorized by shareholders at the 2024 Annual General Meeting. These shares have been purchased on the London Stock Exchange and will be cancelled, reducing the total number of shares in issue to 6,741,729,453. This move is likely aimed at enhancing shareholder value and improving earnings per share by reducing the number of shares outstanding.

Tesco PLC Advances Shareholder Value with Share Buyback
Jan 10, 2025

Tesco PLC announced the repurchase of its ordinary shares as part of a £1 billion share buyback program authorized by shareholders at the 2024 Annual General Meeting. On January 9, 2025, Tesco purchased 273,174 shares, which will be canceled, reducing the total number of shares in issue to 6,742,006,723. This transaction is aligned with Tesco’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting the company’s market positioning by signaling financial strength to investors.

Tesco Achieves Record Christmas Sales and Market Share Growth
Jan 9, 2025

Tesco reported strong performance during the 2024/25 Christmas trading period, achieving its largest ever Christmas sales and continued market share growth. The company emphasized its investments in value, quality, and customer experience, which have helped it maintain its position as the UK’s cheapest full-line grocer. In the UK, Tesco achieved its highest market share since 2016, with significant contributions from fresh food and online sales growth. In Ireland, the company saw robust fresh food performance and online sales growth. Despite challenges in the tobacco and fast-food markets, Tesco’s Booker division experienced core catering and retail growth. Central Europe saw improvements in customer satisfaction and volume growth, further solidifying Tesco’s positive market momentum.

Tesco Advances £1 Billion Share Buyback with Latest Acquisition
Jan 9, 2025

Tesco PLC announced the repurchase of 270,769 ordinary shares as part of its ongoing £1 billion share buyback program, reflecting its commitment to returning value to shareholders. The transaction, executed on January 8, 2025, will result in the cancellation of the purchased shares, impacting the total number of shares in issue, which now stands at 6,742,279,897. This strategic move underscores Tesco’s robust financial health and enhances shareholder value, while maintaining transparency and compliance with market regulations.

Tesco Enhances Shareholder Value with Latest Share Buyback
Jan 8, 2025

Tesco PLC announced the repurchase of 270,364 of its ordinary shares as part of its ongoing £1 billion share buyback programme, with the shares being purchased on the London Stock Exchange and subsequently cancelled. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares and demonstrating Tesco’s commitment to returning value to shareholders.

Tesco Advances £1 Billion Share Buyback with Latest Acquisition
Jan 7, 2025

Tesco PLC announced the purchase of 269,476 ordinary shares as part of its ongoing £1 billion share buyback program. This transaction, conducted through Citigroup Global Markets Limited, is in accordance with the authority granted by shareholders at the 2024 Annual General Meeting. The move will see the shares cancelled, reducing the total number of shares in issue to 6,742,821,030. This buyback is part of Tesco’s strategy to return capital to shareholders, potentially enhancing shareholder value and impacting market perceptions of the company’s financial health.

Tesco PLC Advances Share Buyback Program with Recent Repurchase
Jan 6, 2025

Tesco PLC announced the repurchase of 268,292 ordinary shares as part of its ongoing £1 billion share buyback program, with the shares to be cancelled, thereby reducing the total number of shares in circulation. This move, authorized by shareholders at the 2024 Annual General Meeting, underscores Tesco’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting shareholder interests and the company’s market position.

Tesco Advances Share Buyback with Latest Purchase
Jan 3, 2025

Tesco PLC announced the purchase of 269,511 ordinary shares as part of its existing £1 billion share buyback programme. The transaction, executed on January 2, 2025, at an average price of 371.04 pence per share, signifies Tesco’s ongoing efforts to enhance shareholder value by reducing share count. This move aligns with the company’s strategic financial management objectives following shareholder approval at the 2024 annual meeting.

Tesco PLC Updates Total Voting Rights and Share Capital
Jan 2, 2025

Tesco PLC announced that its total share capital as of December 31, 2024, comprises 6,743,628,309 ordinary shares, each with one voting right per share. This information is crucial for shareholders and entities with notification obligations under FCA’s Disclosure Guidance and Transparency Rules, as it serves as a basis for determining any changes in their interest in the company.

Tesco PLC Executes Share Buyback to Enhance Shareholder Value
Jan 2, 2025

Tesco PLC announced the purchase of 272,230 ordinary shares as part of its ongoing £1 billion share buyback program, with the shares being acquired on 31 December 2024 and subsequently cancelled. This transaction, executed on the London Stock Exchange and brokered by Citigroup Global Markets Limited, affects the total number of shares in circulation and serves as a strategic move to enhance shareholder value, reflecting Tesco’s commitment to returning capital to shareholders.

Tesco PLC Advances Share Buyback Strategy with Latest Purchase
Dec 31, 2024

Tesco PLC announced the purchase of 273,029 of its own ordinary shares as part of its £1 billion share buyback program, with the purchased shares to be canceled. This transaction, conducted on December 30, 2024, is part of the company’s ongoing strategy to return value to shareholders and reflects Tesco’s continued commitment to managing its capital structure effectively.

Tesco Executes Share Buyback to Elevate Shareholder Value
Dec 30, 2024

Tesco PLC has executed a share buyback program, purchasing 272,469 of its ordinary shares on December 27, 2024, as authorized by its shareholders. This transaction is part of a broader £1 billion buyback initiative aimed at enhancing shareholder value. The acquired shares will be canceled, leaving 6,744,173,568 ordinary shares remaining in circulation. This move highlights Tesco’s commitment to returning capital to its investors and could impact shareholder calculations regarding their interests in the company.

Tesco Executes Share Buyback as Part of £1 Billion Program
Dec 27, 2024

Tesco PLC announced a significant transaction involving the repurchase of 271,710 of its ordinary shares as part of its £1 billion share buyback program. The shares, purchased on the London Stock Exchange, will be cancelled, impacting the total number of shares in circulation and potentially influencing shareholder value calculations.

Tesco Announces Share Buyback to Boost Shareholder Value
Dec 24, 2024

Tesco PLC has announced the purchase of 273,220 of its own shares as part of its ongoing £1 billion share buyback programme. The shares, bought on 23 December 2024, will be cancelled, reducing the total number of ordinary shares in circulation to 6,744,717,747. This move reflects Tesco’s strategy to enhance shareholder value and manage its capital structure effectively, potentially impacting shareholder interests and market perceptions positively.

Tesco Executives Acquire Shares Under Incentive Plan
Dec 23, 2024

Tesco PLC has announced the purchase of ordinary shares by the Trustees under the Partnership Share Scheme of the company’s Share Incentive Plan. This transaction involved several key managerial personnel, including the Group Chief Executive Officer and other senior executives, who acquired shares at a price of £3.6783 each. The move is in line with Tesco’s strategy to align the interests of its management with those of shareholders, ensuring a focus on long-term value creation.

Tesco PLC Advances £1 Billion Share Buyback Program
Dec 23, 2024

Tesco PLC has announced the purchase and subsequent cancellation of 272,456 of its ordinary shares as part of a £1 billion share buyback program. This transaction, executed on December 20, 2024, aligns with the authority granted by shareholders at the company’s 2024 Annual General Meeting, and affects the total number of shares in circulation, potentially impacting shareholder interests and disclosure obligations.

Tesco Executes Share Buyback, Reducing Outstanding Shares
Dec 20, 2024

Tesco PLC has executed a share buyback transaction, purchasing 270,470 ordinary shares at an average price of 369.73 pence each, as part of its £1 billion share buyback program announced earlier in 2024. This move, facilitated by Citigroup Global Markets Limited, results in a reduced total of 6,745,263,423 ordinary shares in issue, impacting shareholder calculations under disclosure and transparency rules.

Tesco Strengthens Board with New Non-executive Director Appointment
Dec 19, 2024

Tesco PLC has announced the appointment of Chris Kennedy as a Non-executive Director, effective from February 2025. Kennedy, with his extensive expertise in financial management and strategic planning, is expected to enhance Tesco’s board capabilities and governance, aligning with the UK Corporate Governance Code requirements. This move is seen as a strategic step to strengthen Tesco’s leadership and ensure robust corporate governance, potentially impacting its operational effectiveness and stakeholder confidence positively.

Tesco Enhances Shareholder Value with Share Buyback
Dec 19, 2024

Tesco PLC announced the purchase of 268,034 ordinary shares as part of its £1 billion share buyback program, in line with shareholder authority granted at its 2024 Annual General Meeting. These shares, bought on the London Stock Exchange, will be canceled, leaving 6,745,533,893 shares in issue, which stakeholders can use as a reference for disclosure and transparency obligations. This move reflects Tesco’s strategic financial management and commitment to enhancing shareholder value.

Tesco PLC Executes Share Buyback as Part of £1 Billion Programme
Dec 18, 2024

Tesco PLC announced the purchase of 267,988 ordinary shares as part of its ongoing £1 billion share buyback program, with the shares being subsequently cancelled. This move, executed on the London Stock Exchange, is in line with shareholder authority granted earlier in the year, and it impacts the number of shares in circulation, potentially influencing shareholder calculations under market regulations.

Tesco PLC Advances £1 Billion Share Buyback Program
Dec 17, 2024

Tesco PLC has continued its share buyback program by purchasing 267,509 ordinary shares on the London Stock Exchange at an average price of 373.82 pence per share. This transaction, in line with the authority granted by shareholders at the 2024 Annual General Meeting, reduces the total number of shares in issue to 6,746,069,915. The program is part of a £1 billion buyback initiative, which aims to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and indicating confidence in the company’s financial health.

Tesco Executes Share Buyback to Enhance Value
Dec 16, 2024

Tesco PLC announced the purchase of 269,810 of its own ordinary shares on 13 December 2024, as part of a £1 billion share buyback programme authorized by shareholders at the 2024 Annual General Meeting. The repurchased shares will be cancelled, reducing the total number of shares in issue to 6,746,337,424. This buyback is in line with Tesco’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

Tesco Continues Share Buyback Program with Latest Purchase
Dec 13, 2024

Tesco PLC announced the purchase of 269,213 ordinary shares as part of its ongoing £1 billion share buyback program, with shares bought at an average price of 370.48 pence each. The move, which aligns with shareholder authority from the 2024 AGM, will reduce the company’s outstanding shares to 6,746,607,234, potentially impacting stakeholder calculations under the Disclosure and Transparency Rules.

Tesco Executes Share Buyback, Cancelling 269,213 Shares
Dec 13, 2024

Tesco PLC has executed a share buyback transaction as part of its £1 billion programme, purchasing 269,213 ordinary shares on the London Stock Exchange on December 12, 2024. The shares, acquired at an average price of 370.48 pence, will be cancelled, reducing the total number of shares in issue to 6,746,607,234, impacting shareholder interests and transparency obligations under UK regulations.

Tesco Executes Share Buyback as Part of Capital Optimization Strategy
Dec 12, 2024

Tesco PLC has executed a share buyback program, purchasing 270,822 ordinary shares at an average price of 369.25 pence per share on the London Stock Exchange. This transaction is part of a £1 billion share buyback initiative previously authorized by shareholders, aiming to optimize the company’s capital structure. Following this purchase, the total number of shares in issue is 6,746,876,447, which stakeholders can use to calculate shareholding interests as per regulatory requirements.

Tesco PLC Enhances Shareholder Value Through Share Buyback
Dec 11, 2024

Tesco PLC announced the purchase of 271,319 ordinary shares on December 10, 2024, as part of its ongoing £1 billion share buyback program. The shares were bought on the London Stock Exchange and will be cancelled, reducing the total number of shares in issue to 6,747,147,269. This move is part of Tesco’s strategy to enhance shareholder value and optimize its capital structure.

Tesco PLC Enhances Shareholder Value with Share Buyback
Dec 10, 2024

Tesco PLC has announced the repurchase of 273,499 ordinary shares as part of its ongoing £1 billion share buyback program. The shares, bought at an average price of 365.63 pence, will be canceled, reducing the total number of shares in circulation. This move is part of Tesco’s strategy to boost shareholder value by returning capital to investors.

Tesco PLC Grants Share Options to Key Executives
Dec 9, 2024

Tesco PLC has granted share options to key management personnel under its 2021 Savings-Related Share Option Scheme, allowing them to purchase shares at 279 pence each. This move includes options for 11,236 shares each for CEO Matthew Barnes and Chief People Officer Emma Taylor, highlighting Tesco’s commitment to aligning management interests with shareholder value.

Tesco PLC Reduces Outstanding Bonds by €38 Million
Dec 9, 2024

Tesco PLC has repurchased and canceled €38 million of its 5.125% unsecured bonds due in 2047, reducing the outstanding bond amount to €146.997 million. This financial maneuver reflects Tesco’s strategic efforts to manage its debt portfolio effectively, potentially impacting investor sentiment and stock performance.

Tesco Enhances Shareholder Value with Stock Buyback
Dec 9, 2024

Tesco PLC has repurchased 270,678 ordinary shares on the London Stock Exchange as part of its £1 billion share buyback program. The shares, purchased at an average price of 369.44 pence, will be canceled, reducing the total number of shares in issue to approximately 6.75 billion. This move aims to enhance shareholder value by reducing the number of outstanding shares.

Tesco PLC Advances £1 Billion Share Buyback Plan
Dec 6, 2024

Tesco PLC has repurchased 268,233 of its ordinary shares at an average price of 373.72 pence each, as part of its £1 billion share buyback programme. The acquired shares will be cancelled, leaving the company with 6,747,962,765 shares in circulation. This move is part of Tesco’s ongoing strategy to return value to its shareholders.

Tesco PLC Advances £1 Billion Share Buyback
Dec 5, 2024

Tesco PLC has executed a share buyback, purchasing 323,762 ordinary shares on December 4, 2024, as part of its £1 billion program. The average price paid per share was 373.39 pence, with the acquired shares set to be cancelled. This move reduces the total number of Tesco’s ordinary shares in issue to 6.75 billion, potentially impacting shareholder calculations under disclosure rules.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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