Tesco to repurchase shares worth $515 mln in second tranche of buyback programme
LONDON, July 29 (Reuters) -Tesco TSCO.L, Britain's biggest supermarket group, said on Monday it would continue its share buyback programme with a plan to repurchase shares with a market value of up to 400 million pounds ($515 million).
A previous tranche of the programme that bought back shares worth about 350 million pounds ended on Friday.
In April, Tesco said it would buy back a further 1 billion pounds' worth of shares over the next year.
($1 = 0.7770 pounds)
Reporting by James Davey, Editing by Kylie MacLellan
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