Transaction in Own Shares

RNS Number : 8357X
Tesco PLC
31 August 2022
 

Tesco PLC

31 August 2022

Tesco PLC

Transaction in own shares

Tesco PLC (the "Company") announces that on 31 August 2022 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting of the Company, the following number of ordinary shares of 6 1/3 pence pursuant to its previously announced up to £750 million share buyback programme.

The purchased shares will be cancelled.

Description of shares:

Tesco PLC - ordinary shares of 6 1/3 pence

Date of transaction

31 August 2022

Number of Shares purchased:

4,579,446

Average price paid per Share (pence):

248.9167p

Highest price paid per Share (pence):

250.7000p

Lowest price paid per Share (pence):

247.6000p

Broker:

HSBC Bank plc

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,464,639,030. The Company does not hold any ordinary shares in Treasury.

The figure of 7,464,639,030 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.

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/8357X_1-2022-8-31.pdf

Further enquiries:

Investor relations:   Chris Griffith   01707 940 900

Company Secretary:  Robert Welch  07793 222 569

Media:  0330 678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46

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