Tesco PLC announced the purchase of 980,630 ordinary shares on August 15, 2025, at an average price of £4.1341 per share, as part of its £1.45 billion share buyback program. The highest price paid was £4.1430 per share and the lowest was £4.1170 per share. The shares were purchased on the London Stock Exchange via Goldman Sachs International and will be cancelled. Following this transaction, 6,539,897,412 ordinary shares remain in issue. Since April 10, 2025, Tesco has bought back a total of 196,944,350 shares for £761.2 million.
Further to the announcements made on 10 April 2025 and 28 July 2025, Tesco PLC (the "Company") announces that on 15 August 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
15 August 2025
Number of Shares purchased:
980,630
Average price paid per Share (pence):
413.41p
Highest price paid per Share (pence):
414.30p
Lowest price paid per Share (pence):
411.70p
Broker:
Goldman Sachs International
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 6,539,897,412. The Company does not hold any ordinary shares in Treasury.
The figure of 6,539,897,412 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 Guidance and Transparency Rules.
Since the launch of the Commencement RNS on 10 April 2025 the Company has purchased 196,944,350 ordinary shares, totalling £761.2m, 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.
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