Tesco said today that it intended to return £700m to shareholders through an incremental share buyback, as it had completed its banking operations sale to Barclays.
The new programme is expected to start after the completion of the current £1 billion share buyback, Tesco said.
It has completed the sale of most of its banking operations in credit cards, loans and savings to Barclays for about £600m, the group said today.
