Transaction in Own Shares

RNS Number : 7786C

Tesco PLC

24 February 2022

 

Tesco PLC

24 February 2022

Transaction in own shares

Tesco PLC (the "Company") announces that on 24 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	24 February 2022
Number of Shares purchased:	4,800,000
Average price paid per Share (pence):	282.02p
Highest price paid per Share (pence):	287.30p
Lowest price paid per Share (pence):	278.85p
Broker:	Citigroup Global Markets Limited

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,633,186,531. The Company does not hold any ordinary shares in Treasury.

The figure of 7,633,186,531 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/7786C_1-2022-2-24.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

 

END

 

 

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