Transaction in Own Shares.


    25 April 2025 22:55:43
  • Source: Sharecast
RNS Number : 1319G
Tesco PLC
25 April 2025
 

Tesco PLC

25 April 2025

Tesco PLC

Transaction in own shares

Further to the announcements made on 10 April 2025, Tesco PLC (the "Company") announces that on 24 April 2025 it has purchased, in accordance with the authority granted by shareholders at the 2025 Annual General Meeting of the Company, the following number of ordinary shares of 6 1/3 pence on the London Stock Exchangepursuant to its existing £700,000,000 share buyback programme.

The purchased shares will be cancelled.

Description of shares:

Tesco PLC - ordinary shares of 6 1/3 pence

Date of transaction

24 April 2025

Number of Shares purchased:

1,960,000

Average price paid per Share (pence):

360.57p

Highest price paid per Share (pence):

363.20p

Lowest price paid per Share (pence):

358.40p

Broker:

Citigroup Global Markets Limited

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 6,717,766,762. The Company does not hold any ordinary shares in Treasury.

The figure of 6,717,766,762 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Since the launch of the Commencement RNS on 10th April 2025 the Company has purchased 19,075,000 ordinary shares, totalling £65,755,593.06, in aggregate for cancellation.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual purchases is attached to this announcement.


http://www.rns-pdf.londonstockexchange.com/rns/1319G_1-2025-4-24.pdf 


Further enquiries:

Investor relations:                            Chris Griffith             01707 940 900

                                                        Andrew Gwynn         01707 942 409

Deputy Company Secretary:          Sara Thomson          07928 427 323

Media:                                                                                           0330 678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFLFFDSFISFIE

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.