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IN BRIEF: Tesco begins GBP350 million third tranche of buyback

19th Nov 2025 08:40

Tesco PLC - Welwyn Garden City, England-based supermarket chain - Continues its GBP1.45 billion share buyback programme, launching a third tranche worth up to GBP350 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 GBP1.1 billion.

Current share price: 443.60 pence, for a market capitalisation of GBP28.74 billion.

12-month change: up 28%

By Eva Castanedo, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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