Tesco share price climbs as £1.45bn buyback nears completion, April results next
London, January 19, 2026, 10:14 GMT — Regular session
- Shares in Tesco PLC rose 1.2% to 427.1 pence during London trading
- Retailer revealed new buyback activity, bringing total repurchases since April 2025 to £1.448 billion
- Investors are eyeing the preliminary results on April 16 for fresh insights into profits and cash returns
Tesco PLC shares climbed 1.2% to 427.1 pence by 1001 GMT on Monday following the announcement of another share buyback. The stock started the day at 428.7p, fluctuating between 424.7p and 430.1p, after closing at 422.0p on Friday. (Share Prices)
This shift is significant as UK grocers rely heavily on cash returns to hold investor interest amid a price-driven battle for customers. With…
