Transaction in Own Shares

RNS Number : 6269C
Tesco PLC
23 February 2022
 

Tesco PLC

23 February 2022

Transaction in own shares

Tesco PLC (the "Company") announces that on 23 February 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

23 February 2022

Number of Shares purchased:

946,194

Average price paid per Share (pence):

290.08p

Highest price paid per Share (pence):

292.20p

Lowest price paid per Share (pence):

286.75p

Broker:

Citigroup Global Markets Limited

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,637,986,531. The Company does not hold any ordinary shares in Treasury.

The figure of 7,637,986,531 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/6269C_1-2022-2-23.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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