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Tesco plc ( (GB:TSCO) ) just unveiled an announcement.
Tesco PLC announced the purchase and cancellation of 1,822,720 ordinary shares as part of its £1.45 billion share buyback program, with the transaction executed on 21 October 2025. This move is part of a broader strategy initiated in April 2025, where the company has already acquired 253,295,529 shares for cancellation, amounting to £1,008.6 million. The reduction in the number of shares is expected to impact shareholder calculations under the Disclosure Guidance and Transparency Rules, potentially affecting stakeholder interests.
The most recent analyst rating on (GB:TSCO) stock is a Buy with a £501.00 price target. To see the full list of analyst forecasts on Tesco plc stock, see the GB:TSCO Stock Forecast page.
Spark’s Take on GB:TSCO Stock
According to Spark, TipRanks’ AI Analyst, GB:TSCO is a Outperform.
Tesco plc’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, while the valuation suggests a premium price. Overall, Tesco is well-positioned for growth, but maintaining financial discipline will be crucial.
To see Spark’s full report on GB:TSCO stock, click here.
More about Tesco plc
Tesco PLC is a leading multinational grocery and general merchandise retailer based in the United Kingdom. It operates a chain of supermarkets and hypermarkets, providing a wide range of food and non-food products to consumers. The company is a significant player in the retail industry, focusing on delivering value and quality to its customers.
Average Trading Volume: 14,833,066
Technical Sentiment Signal: Buy
Current Market Cap: £28.59B
For detailed information about TSCO stock, go to TipRanks’ Stock Analysis page.