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Tesco PLC - Welwyn Garden City, England-based supermarket chain - Continues its £1.45 billion share buyback programme, launching a third tranche worth up to £350 million. The supermarket group enters a new arrangement with Citigroup Global Markets Ltd to repurchase ordinary shares on its behalf on the London Stock Exchange and Cboe Europe. Tesco completes the previous tranche of the programme on November 5. Between April 10 and that date, it buys back 273.5 million shares with a market value of about £1.1 billion. Current share price: 443.60 pence, for a market capitalisation of £28.74 billion. 12-month change: up 28% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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