Transaction in Own Shares

Tesco PLC
05 June 2023
 

Tesco PLC

05 June 2023

 

Tesco PLC

Transaction in own shares

 

Tesco PLC (the "Company") announces that on 05 June 2023 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 on the London Stock Exchange pursuant to its existing £750 million share buyback programme which was announced on 13th April 2023.

 

The purchased shares will be cancelled.

 

Description of shares:

Tesco PLC - ordinary shares of 6 1/3 pence

Date of transaction

05 June 2023

Number of Shares purchased:

7,250,631

Average price paid per Share (pence):

263.25p

Highest price paid per Share (pence):

265.80p

Lowest price paid per Share (pence):

261.90p

Broker:

Goldman Sachs International

 

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,219,789,263. The Company does not hold any ordinary shares in Treasury.

 

The figure of 7,219,789,263 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/7145B_1-2023-6-5.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

 

 

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
 
 

Companies

Tesco (TSCO)
UK 100

Latest directors dealings