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On 09 January 2026, Tesco PLC purchased 480,327 of its ordinary shares of 6 1/3 pence on the London Stock Exchange via Citigroup Global Markets Limited. The average price paid was 416.38p, with a highest price of 420.50p and a lowest of 412.80p, and these shares will be cancelled. This transaction is part of Tesco's existing £1.45 billion share buyback programme, under which it has purchased 348,858,420 ordinary shares totalling £1,438.2 million since 10 April 2025, resulting in 6,387,983,342 ordinary shares remaining in issue.
| Date | 12 Jan 2026 |
| Time | 07:00:06 |
| Category | Capital structure |
| ID | 4145O |
Tesco PLC
12 January 2026
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 09 January 2026 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 |
09 January 2026 |
|
Number of Shares purchased: |
480,327 |
|
Average price paid per Share (pence): |
416.38p |
|
Highest price paid per Share (pence): |
420.50p |
|
Lowest price paid per Share (pence): |
412.80p |
|
Broker |
Citigroup Global Markets Limited |
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 6,387,983,342. The Company does not hold any ordinary shares in Treasury.
The figure of 6,387,983,342 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 348,858,420 ordinary shares, totalling £1,438.2m, 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.
http://www.rns-pdf.londonstockexchange.com/rns/4145O_1-2026-1-9.pdf
Further enquiries:
Investor relations: Chris Griffith 01707 940 900
Andrew Gwynn 01707 942 409
Company Secretary: Chris Taylor [email protected]
Media: 0330 678 0639
Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46