Transaction in Own Shares

RNS Number : 8424X

Tesco PLC

07 January 2022

 

Tesco PLC

Transaction in own shares

Tesco PLC (the "Company") announces that on 07 January 2022 it has purchased, in accordance with the authority granted by shareholders at the 2021 Annual General Meeting of the Company, the following number of ordinary shares of 6 1/3 pence pursuant to its up to 500 million share buyback programme, the details of which were announced on 18 October 2021.

The purchased shares will be cancelled.

Description of shares:	Tesco PLC - ordinary shares of 6 1/3 pence
Date of transaction	07 January 2022
Number of Shares purchased:	2,200,000
Average price paid per Share (pence):	290.27p
Highest price paid per Share (pence):	291.45p
Lowest price paid per Share (pence):	288.95p
Broker:	Citigroup Global Markets Limited

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,662,097,404. The Company does not hold any ordinary shares in Treasury. 

The figure of 7,662,097,404 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.

Further enquiries:

Investor relations:   Chris Griffith  01707 940 900

Media:  Christine Heffernan 0330 678 0639

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46

http://www.rns-pdf.londonstockexchange.com/rns/8424X_1-2022-1-7.pdf

 

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