Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program, purchasing 100 ordinary shares on April 30, 2024, at an average price of 294 pence per share, following shareholder authorization from the 2023 AGM. These shares will be subsequently cancelled, affecting the total number of shares in issue, which now stands at 7,038,929,740. The transaction was executed by Citigroup Global Markets Limited as part of Tesco’s £1 billion buyback initiative.
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