Transaction in Own Shares

Summary by AI ^BETAClose X

Tesco PLC has purchased 3,431,529 ordinary shares on the London Stock Exchange on December 4, 2025, as part of its £1.45 billion share buyback program, with an average price paid of 453.18 pence per share. These shares will be cancelled, reducing the total number of ordinary shares in issue to 6,416,000,867. Since the program's commencement on April 10, 2025, Tesco has bought back a total of 320,840,895 shares for £1,313.9 million.

Disclaimer*

Tesco PLC

05 December 2025

Tesco PLC

05 December 2025

Tesco PLC
Transaction in own shares

Further to the announcements made on 10 April 2025, 28 July 2025 and 19 November 2025, Tesco PLC (the "Company") announces that on 04 December 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 Exchange pursuant to its existing £1.45 billion share buyback programme.

The purchased shares will be cancelled.

Description of shares	Tesco PLC - ordinary shares of 6 1/3 pence
Date of transaction	04 December 2025
Number of Shares purchased:	3,431,529
Average price paid per Share (pence):	453.18p
Highest price paid per Share (pence):	455.10p
Lowest price paid per Share (pence):	448.90p
Broker	Citigroup Global Markets Limited

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 6,416,000,867. The Company does not hold any ordinary shares in Treasury.

The figure of 6,416,000,867 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 10 April 2025 the Company has purchased 320,840,895 ordinary shares, totalling £1,313.9m, 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/3592K_1-2025-12-4.pdf

Further enquiries:

Investor relations: Chris Griffith 01707 940 900
Andrew Gwynn 01707 942 409

Company Secretary: Chris Taylor CompanySecretary@tesco.com
Media: 0330 678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46

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