Tesco unveils £750m share buyback scheme

Tesco Extra store front

Source: Tesco Plc

Grocery giant Tesco has launched a share buyback scheme in a bid to reduce its share capital.

Tesco said the scheme will begin immediately with the purchase of shares of an aggregate value of up to £250m. The supermarket giant said any further tranches of the buyback programme will be announced subsequently.

 

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