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United Kingdom

Tesco PLC (TSCO.L)

TSCO.L on London Stock Exchange

205.40GBp
19 Nov 2018
Change (% chg)

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205.40
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24,332,758
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266.80
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183.82

Latest Key Developments (Source: Significant Developments)

Tesco Says Total Purchase Price Of $325 Mln To Be Paid Related To Cash Tender Offer
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Tesco PLC ::TOTAL PURCHASE PRICE TO BE PAID RELATED TO CASH TENDER OFFER COMMENCED OCT 15 FOR UP TO $325 MILLION 6.15 PCT SENIOR SECURITIES DUE 2037.MAXIMUM TENDER AMOUNT OF $325 MILLION AGGREGATE PRINCIPAL AMOUNT OF SECURITIES HAS BEEN REACHED.OFFER IS SCHEDULED TO EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON NOVEMBER 9, 2018.BECAUSE MAXIMUM TENDER AMOUNT REACHED, DO NOT EXPECT TO ACCEPT FOR PURCHASE ANY SECURITIES TENDERED AFTER EARLY TENDER TIME.  Full Article

Tesco Says New Financing Condition Satisfied For 750 Mln Euros Notes
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Tesco PLC ::TESCO- FOLLOWING SUCCESSFUL COMPLETION OF ISSUE BY TCTS OF ITS EUR 750,000,000 1.375 PERCENT NOTES DUE 2023, NEW FINANCING CONDITION HAS BEEN SATISFIED.  Full Article

Tesco says challenges in Poland, Thailand don't imperil group margin targets
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Tesco PLC ::CEO SAYS "AS A GROUP WE'RE BANG ON TRACK WITH OUR PLANS".CFO SAYS H1 OPERATING PROFIT FIGURE OF 933 MILLION STG IS UNDERSHOOT ON ANALYSTS' CONSENSUS OF 978 MILLION STG, DUE TO EUROPE/ASIA.CEO SAYS FIRST 2 JACK'S STORES "TRADING REALLY WELL".CEO SAYS CHALLENGES IN POLAND, THAILAND DON'T IMPERIL MEDIUM TERM GROUP MARGIN TARGETS.CEO SAYS POSSIBILITY OF STOCKPILING FRESH FOOD IN NO DEAL BREXIT SCENARIO WOULD BE "VERY LIMITED".  Full Article

Tesco Bank Agrees To 16.4 Mln Stg Settlement With UK's FCA
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Tesco Personal Finance Plc::SETTLEMENT WITH FINANCIAL CONDUCT AUTHORITY.TESCO BANK ACCEPTS FCA'S NOTICE AND AGREES TO SETTLEMENT OF £16.4 MLN.  Full Article

UK FCA Proposes Fining Tesco Bank More Than 30 Mln Stg Over A 2016 Cyberattack- Sky News
Monday, 24 Sep 2018 

Sept 24 (Reuters) - :THE FINANCIAL CONDUCT AUTHORITY HAS PROPOSED FINING TESCO BANK MORE THAN £30M OVER A CYBERATTACK THAT TOOK PLACE IN 2016- SKY NEWS, CITING SOURCES.  Full Article

Carmarthenshire Dairy Products Recalls Boksburg Blue Cheese Sold Through Some Tesco Stores
Friday, 31 Aug 2018 

Aug 31 (Reuters) - UK's Food Standards Agency::SAYS CARMARTHENSHIRE DAIRY PRODUCTS RECALLS BOKSBURG BLUE CHEESE DUE TO IT BEING PRODUCED WITHOUT APPROVAL.CARMARTHENSHIRE DAIRY PRODUCTS RECALLED BOKSBURG BLUE CHEESE SOLD THROUGH LIMITED TESCO STORES IN ENGLAND, WALES.  Full Article

Tesco To Close Of 13 Loss-Making Stores In Poland
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Tesco PLC ::TESCO TO CLOSE OF 13 LOSS-MAKING STORES IN POLAND.REPORTED MAXIMUM NUMBER OF ROLES AT RISK FROM POLAND STORE CLOSURES IS 2,200.  Full Article

Innovaderma Names Non-Exec. Director Kieran Callan As CEO
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Innovaderma PLC ::APPOINTMENT OF CEO AND ROOTS TO BE RANGED IN TESCO.APPOINTMENT OF KIERAN CALLAN, A NON-EXECUTIVE DIRECTOR OF COMPANY SINCE DECEMBER 2016 AS ITS NEW CHIEF EXECUTIVE OFFICER.CO'S HAIRCARE BRAND ROOTS WILL BE RANGED INITIALLY IN 432 OF TESCO'S UK STORES FROM NOVEMBER 2018.HARIS CHAUDHRY WILL REMAIN AS EXECUTIVE CHAIRMAN.  Full Article

Tesco And Carrefour Announce Long-Term Strategic Alliance
Monday, 2 Jul 2018 

July 2 (Reuters) - Tesco PLC ::TESCO AND CARREFOUR LONG-TERM STRATEGIC ALLIANCE.TESCO PLC - ALLIANCE WILL COVER STRATEGIC RELATIONSHIP WITH GLOBAL SUPPLIERS, JOINT PURCHASING OF OWN BRAND PRODUCTS AND GOODS NOT FOR RESALE..TESCO PLC - ALLIANCE WILL BE GOVERNED BY A THREE-YEAR OPERATIONAL FRAMEWORK..TESCO PLC - IT IS ANTICIPATED THAT ALLIANCE WILL BE FORMALLY AGREED WITHIN NEXT TWO MONTHS.  Full Article

Tesco Announces Tender Offer To Purchase Outstanding Notes
Thursday, 19 Apr 2018 

April 19 (Reuters) - Tesco PLC ::TENDER OFFER TO PURCHASE OUTSTANDING NOTES.TESCO PLC ANNOUNCES TENDER OFFERS FOR ITS £350 MILLION 5.50 PERCENT NOTES DUE 2019, £900 MILLION 6.125 PERCENT NOTES DUE 2022.TENDER OFFERS FOR £515MLN 5 PERCENT NOTES DUE 2023, £200 MILLION 6 PERCENT NOTES DUE 2029, £200 MILLION 5.50 PERCENT NOTES DUE 2033.TENDOR OFFER FOR £300 MILLION 4.875 PERCENT NOTES DUE 2042 AND £500 MILLION 5.20 PERCENT NOTES DUE 2057.  Full Article

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