Tesco plc (GB:TSCO) has released an update.
Tesco PLC has continued its share buyback program by purchasing 5,794,165 ordinary shares on 20 May 2024, as part of its £1,000 million scheme, with the shares set to be cancelled. The transaction was executed at an average price of 312.45 pence per share, with the number of remaining shares in issue now totaling 7,021,885,563. This move may impact shareholders’ notification obligations regarding their interest in the company.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.