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Tesco sticking to £1bn share buyback as Goldman advises
Evening Standard
|July 29, 2024
TESCO today confirmed plans to continue with a £1 billion share buy back programme that should benefit investors.
It will take another near 114 million shares off the market at a value of £350 million with help from brokers at Goldman Sachs.
Tesco shares moved up 2p to 329p today which leaves Britain's biggest grocer valued at £23 billion. It is by far the largest supermarket by market share.
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