Tesco shares rise on increased buyback and profit guidance
Shares in Tesco (LONG:TSCO) rose after the grocery giant increased the size of its share buyback and nudged its profit guidance higher. The announcement outweighed disappointing like-for-like sales for the second quarter of FY27. Increased buyback and profit guidance Tesco reported free cash flow of £1.57 billion for the six months to August, helped by … Continue reading Tesco shares rise on increased buyback and profit guidance
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