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TSCO Tesco Plc

296.60
-1.60 (-0.54%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.60 -0.54% 296.60 297.40 297.60 300.00 297.40 298.60 18,348,045 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 65.76B 744M 0.1046 28.43 21.15B
Tesco Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker TSCO. The last closing price for Tesco was 298.20p. Over the last year, Tesco shares have traded in a share price range of 244.30p to 303.60p.

Tesco currently has 7,112,749,528 shares in issue. The market capitalisation of Tesco is £21.15 billion. Tesco has a price to earnings ratio (PE ratio) of 28.43.

Tesco Share Discussion Threads

Showing 42951 to 42973 of 44900 messages
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DateSubjectAuthorDiscuss
29/12/2022
22:48
With a share buyback each share left should be worth more. But the share buy back to make any real difference in a higher share price needs to be significant money.
I myself would prefer a special dividend - real cash in shareholders pockets.
Share price in Jan £3.00 now £2.24.
There is nothing for Tesco to buy at present.

clive7878
29/12/2022
18:28
Well I don't see why someone who has held shares for the last 5 years, should have to share the benefits of cash that the business wants to shed, with someone who buys in tomorrow morning and will benefit equally from dividend per share increases.

But then again, this is capitalism and its not supposed to be fair.

yump
29/12/2022
08:39
Logan, it's all about valuation and can the management find better ways to deploy the cash in the business.

What could Tesco invest in or buy right now? Obviously very little that makes sense.

Are they getting more than £1 of value for their/our £ buying back at the current share price? Probably.

The other options are to dividend it out or pay down debt. Take your pick.

konradpuss
28/12/2022
23:20
The problem I see with most share buy backs is they're carried out when the share price is high and often bought with debt. It was share buy backs that destroyed GE of the US. By 2015 GE had spent twice as much on its share buy backs then the company's market cap.

This is why I would only like to see a company buying back its shares when for example the share price is more than 30% below its three year high. When the stock market crash in March 2020 was a very good time to conduct share buy backs as this was when many companies share prices were at multi year lows.

Share buy backs also show that the management of a company do not know what to do with any spare cash, they could invest for organic growth etc.

loganair
28/12/2022
22:22
Buybacks are a very slow addition to shareholders returns, which reward recent and future shareholders, when in fact its the existing longer term shareholders that have been present while the excess money has been generated.

So I’ll have a special one-off dividend please.

Haven’t noticed any extra money in my bank account that’s anywhere near the level a special dividend would be worth.

In contrast to Aviva or Bowl for example

yump
28/12/2022
16:05
Indeed buybacks make the cake smaller and the slices get bigger
svend
28/12/2022
11:49
Buybacks are *literally* handing money back to shareholders, including retail. That is what the word means.
viscount1
28/12/2022
11:36
Share buy backs is not handing any money back to the private retail shareholder, just a way of fiddling the books for directors share options.
loganair
28/12/2022
10:08
https://www.thetimes.co.uk/article/blue-chips-hand-back-a-record-55bn-d3wlbcbn7Record ftse 100 buybacks.
helen troy
25/12/2022
09:08
I checked out Aldi and Lidl, very little difference in price than Tesco . Never enough tills open not worth hanging around to save 10p on a cabbage..

My local Morrisons still have a butchers department, their meat is competitively priced and superior quality


Revealed: Shoppers ditch premium supermarkets in favour of cheaper alternatives as the cost-of-living crisis takes it toll on millions of households

Study found 46 per cent changed supermarkets during the cost-of-living crisis

johnwise
23/12/2022
09:44
We just make our own nutroast which is easier when there are veggies and vegans around and the meateaters stuff their faces with pigs in blankets, which are the best bit anyway !
yump
23/12/2022
09:02
I remember the days when tesco was a consumer champion going first and forcing others to follow !!!!!!!
nathdani
23/12/2022
07:50
Howard Cox explains why fuel prices are soaring on the lead up to Christmas

VIDEO

johnwise
22/12/2022
10:30
Lmao,
Only an idiot pays £147 for a Turkey for Christmas.
We always have a joint of beef/pork or some lamb.

geckotheglorious
22/12/2022
08:19
Morrisons £147 Christmas turkey leaves customers astonished after prices rose by 25% on last year and Britons battle festive cost of living crunch

Photo

johnwise
21/12/2022
23:27
You'll be pleased to know we finally sold the last of the MU of Bombay Gin 70cl from last xmas.
yf23_1
21/12/2022
19:38
Interesting
helen troy
21/12/2022
19:27
https://www.theguardian.com/business/2022/dec/21/lidl-sued-for-26m-by-grocery-supplier-for-destroying-business-proctor-and-associates
helen troy
21/12/2022
10:33
6.5m shares bought back by Citicorp in last 2 days.
helen troy
21/12/2022
09:42
Jonwise after Christmas just wait and see the collapse that will come from every angle,people will still buy on credit cards thinking paying it back will be the same as done in the past.A lot of heads are being kept in the sand,a mountain of pain is coming for a lot of people soon.
albert3591
20/12/2022
10:34
Helen, very good for the existing shareholders.

It just shows that they have no better ideas for their money, like so many other quoted companies that are buying back their stock.

konradpuss
20/12/2022
09:54
I think Citigroup are playing a blinder. I don't have access to the order book so it is a tenuous idea.They load up the order book on both the buy and sell side and pull the orders when certain things happen. They picked up another 3.5m shares yesterday. So I don't think now I'll see my 240p until they stop.
helen troy
18/12/2022
20:48
Finally!' Major retailer cuts petrol and diesel prices amid backlash

According to the RAC, Asda has cut the price of unleaded by 4.5p per litre and the price of diesel by 5.5p per litre.

johnwise
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