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Tesco PLC Progresses Share Buyback Plan
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Tesco PLC Progresses Share Buyback Plan

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

Tesco PLC has continued its share buyback program by purchasing and subsequently cancelling 100 ordinary shares at an average price of 286.60p per share on April 22, 2024, as part of its £1 billion initiative. Post-transaction, the total number of remaining shares in issue stands at 7,038,930,340. The buyback, executed by Citigroup Global Markets Limited, is aligned with the authorization from Tesco’s 2023 Annual General Meeting.

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

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