Share price Flashcards
What’s Tesco’s dividend yield?
8%
Why have Tesco announced a buyback
£1bn buyback announced 10th august
Reduced shares outstanding, inflating earnings per share
Often leads to further increases in stock price
Displays confidence in the firm from management
Why has Tesco risen 40% L3Y?
Strong confidence in management team, growing market share and discounter growth slowing, beating consensus
Why are sainsburys negative 9%?
L6M performing fairly well, growing market share and solid sales growth.
Has always traded at a low multiple, unsure exactly why.
Same store sales were dropping in 2021, large one off costs from closing hundreds of Argos stores resulted in an annual loss
Why’s Tesco’s share price up so much in the last few days?
New Kantar data on Tuesday, not publicly released but clearly more positive signs
Since the lowest point why have Tesco grown so much
The low point for Tesco aligns well with them becoming the UKs cheapest full line Grocer, strong growth since