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IN BRIEF: Tesco chooses Goldman for GBP500 million buyback tranche

28th Jul 2025 08:27

Tesco PLC - Welwyn Garden City, England-based food retailer - Enters agreement with Goldman Sachs International to run the second tranche of its GBP1.45 billion share buyback programme. The second tranche will be worth GBP500 million. On Friday, it completed the previous tranche of the buyback, which was worth GBP700 million. The first tranche was run by Citigroup Global Markets Ltd. All shares repurchased will be cancelled to reduce capital.

Current stock price: 425.80 pence, down 0.6% in London on Monday morning

12-month change: up 29%

By Michael Hennessey, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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