Tesco PLC (LON: TSCO) Stock Near 52‑Week Highs: Buyback, Dividend Outlook and 2026 Forecasts as of 4 December 2025
Tesco shares traded around 451–453p on 4 December 2025, up more than 20% year to date and ahead of the FTSE 100. The stock rebounded after an April profit warning, with upgraded full-year profit guidance in October following strong first-half results. Tesco’s £1.45bn share buyback and rising dividends supported the rally. The company now forecasts £2.9–3.1bn in adjusted operating profit for 2025/26.