TIDMTSCO

RNS Number : 2177A

Tesco PLC

19 January 2024

Tesco PLC

19 January 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 18 January 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 GBP750 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             18 January 2024 
                                --------------------------------- 
 Number of Shares purchased:     953,105 
                                --------------------------------- 
 Average price paid per Share 
  (pence):                       297.59p 
                                --------------------------------- 
 Highest price paid per Share 
  (pence):                       300.80p 
                                --------------------------------- 
 Lowest price paid per Share 
  (pence):                       295.60p 
                                --------------------------------- 
 Broker:                         Citigroup Global Markets Limited 
                                ---------------------------------

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,053,778,665. The Company does not hold any ordinary shares in Treasury.

The figure of 7,053,778,665, 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/2177A_1-2024-1-18.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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END

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(END) Dow Jones Newswires

January 19, 2024 02:00 ET (07:00 GMT)

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