Tesco stiger efter tilbagekøb; britisk dagligvaremarked i fokus
Tesco shares rose 2.8% in late London trading Monday, outpacing Sainsbury’s, after Tesco bought and canceled 5.64 million shares as part of its £750 million buyback program. The stock traded at 461.40p, up 12.60p, while the FTSE 100 gained 1.3%. Tesco has repurchased 16.9 million shares since April 22, spending £77.9 million.