REG - Tesco PLC - Transaction in Own Shares

TescoAnnouncement

02/02/2024 07:00

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RNS Number : 7843B  Tesco PLC  02 February 2024

Tesco PLC

2 February 2024

Tesco PLC

Transaction in own shares

Further to the announcements made on 13 April 2023, 21 April 2023 and 12 July
2023, Tesco PLC (the "Company") announces that on 1 February 2024 it has
purchased, in accordance with the authority granted by shareholders at the
2023 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 £750 million share buyback programme.

The purchased shares will be cancelled.

 Description of shares:                 Tesco PLC - ordinary shares of 6 1/3 pence
 Date of transaction                    01 February 2024
 Number of Shares purchased:            915,884
 Average price paid per Share (pence):  284.17p
 Highest price paid per Share (pence):  288.10p
 Lowest price paid per Share (pence):   281.20p
 Broker:                                Citigroup Global Markets Limited

 

Following the purchase of these shares, the remaining number of ordinary
shares in issue will be 7,044,329,194. The Company does not hold any ordinary
shares in Treasury.

The figure of 7,044,329,194, 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.

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/7843B_1-2024-2-1.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7843B_1-2024-2-1.pdf)

 

Further enquiries:

Investor relations:        Chris Griffith
              01707 940 900

Company Secretary:    Robert Welch             07793 222 569

Media:                                                             0330
678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46

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