23rd Jun 2026 08:17
Tesco PLC - Welwyn Garden City, England-based grocer - Launches a second tranche of its GBP750 million share buyback programme, worth up to GBP200 million, after completing a GBP350 million tranche on June 18. The supermarket group says it repurchased 76.6 million shares between April 16 and Thursday last week. Banco Santander SA will conduct purchases on Tesco's behalf, with all shares acquired under the programme to be cancelled. Tesco says the buyback's sole purpose is to reduce its share capital.
Current stock price: 450.30 pence
12-month change: up 12%
By Eva Castanedo, Alliance News reporter
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