RNS Number : 7277A

Tesco PLC

25 May 2023

                                 Tesco PLC 
                                   25 May 2023 
                                    Tesco PLC 
                            Transaction in own shares 
    Tesco PLC (the "Company") announces that on 25 May 2023 it has purchased, 
   in accordance with the authority granted by shareholders at the 2022 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 which was announced on 13(th) April 2023. 
                     The purchased shares will be cancelled. 
 Description of shares:                  Tesco PLC - ordinary shares of 6 1/3 pence 
   Date of transaction                     25 May 2023 
   Number of Shares purchased:             5,847,185 
   Average price paid per Share (pence):   265.27p 
   Highest price paid per Share (pence):   266.60p 
   Lowest price paid per Share (pence):    264.00p 
   Broker:                                 Goldman Sachs International 
   Following the purchase of these shares, the remaining number of ordinary 
   shares in issue will be 7,258,807,924. The Company does not hold any ordinary 
   shares in Treasury. 
   The figure of 7,258,807,924 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 
   Company Secretary: Robert Welch 07793 222 569 
   Media: 0330 678 0639 
   Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46 

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(END) Dow Jones Newswires

May 25, 2023 12:53 ET (16:53 GMT)

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