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On 23 October 2026, Tesco PLC purchased 6,804,968 of its ordinary shares through Morgan Stanley & Co. International Plc at an average price of 539.58 pence per share for cancellation. The transaction forms part of Tesco's £950 million share buyback programme, under which it has acquired a total of 152,445,537 shares for £724.8 million since 22 April 2026. Following this transaction, the company has 6,232,737,259 ordinary shares in issue and holds zero shares in treasury.
| Date | 23 Oct 2026 |
| Time | 17:19:30 |
| Category | Capital structure |
| ID | 3154A |
TESCO PLC
23 October 2026
TRANSACTION IN OWN SHARES
Further to the announcements made on 16 April, 22 April 2026, 29 May 2026, 23 June 2026, 8 October 2026 and 19 October 2026, Tesco PLC (the "Company") announces that on 23 October 2026 it has purchased, in accordance with the authority granted by shareholders at the Company's 2026 Annual General Meeting held on 18 June 2026, the following number of Tesco PLC ordinary shares of 6 1/3 pence pursuant to its existing £950 million share buyback programme.
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Description of shares: |
Tesco PLC - ordinary shares of 6 1/3 pence |
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Date of purchase: |
23 October 2026 |
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Number of ordinary shares purchased: |
6,804,968 |
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Average price paid per share (pence): |
539.58p |
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Highest price paid per share (pence): |
543.60p |
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Lowest price paid per share (pence): |
537.40p |
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Broker: |
Morgan Stanley & Co. International Plc |
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 6,232,737,259. The Company does not hold any ordinary shares in Treasury.
The figure of 6,232,737,259 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 22 April 2026 the Company has purchased 152,445,537 ordinary shares, totalling £724.8m, 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/3154A_1-2026-10-23.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