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Tesco PLC Advances £1 Billion Share Buyback

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

Tesco PLC has continued its share buyback program, purchasing 100,000 ordinary shares on October 1, 2024, for cancellation. The buyback, part of a £1 billion plan approved by shareholders, was executed at an average price of 360.30 pence per share through Goldman Sachs International. Following the transaction, Tesco’s total number of shares in issue stands at 6,853,670,664.

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

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