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If Tesco is setting up a ‘big’ share buyback, will it offset the headwinds?


MongiIG

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If Tesco is setting up a ‘big’ share buyback, will it offset the headwinds?

Increasingly the City believes that there may be a ‘big’ share buyback at the UK’s leading supermarket chain, Tesco, when it reports interims on Wednesday. If this is the case, why is management doing it now?

Is it to demonstrate that there is still value in the sector after rival William Morrison is taken over, or is to tell traders and investors that the company is weathering the storm?

https://www.ig.com/uk/market-insight-articles/if-tesco-is-setting-up-a-big-share-buyback--will-it-offset-the-h-211004

Tesco attacked for linking early payments to suppliers' green targets |  Business | The Times

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