Tesco (TSCO)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

288.90p
   
  • Change Today:
    -0.90p
  • 52 Week High: 303.50
  • 52 Week Low: 245.40
  • Currency: UK Pounds
  • Shares Issued: 7,039m
  • Volume: 9,178,489
  • Market Cap: £20,336m
  • RiskGrade: 107

Tesco to snap up Paperchase brand - report

By Michele Maatouk

Date: Tuesday 31 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Supermarket chain Tesco is reportedly planning to snap up the Paperchase brand.
According to Sky News, Tesco is in advanced talks about buying Paperchase's name and other intellectual property through a pre-pack administration that could take place as early as Tuesday.

Sources close to the situation told Sky that Tesco was unlikely to be interested in any of Paperchase's stores, meaning that most of its workforce may face the prospect of losing their jobs. It was unclear whether any other suitors were in talks about a deal.

Sky News reported on Monday that the chain was on the brink of administration as hopes of a solvent rescue deal faded. It said Begbies Traynor, the professional services firm, is lined up to handle the insolvency following a sale process run by PricewaterhouseCoopers over recent weeks.

Paperchase was put up for sale late last year, just four months after its most recent change of ownership.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tesco Market Data

Currency UK Pounds
Share Price 288.90p
Change Today -0.90p
% Change -0.31 %
52 Week High 303.50
52 Week Low 245.40
Volume 9,178,489
Shares Issued 7,039m
Market Cap £20,336m
RiskGrade 107

Tesco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.34% below the market average52.34% below the market average52.34% below the market average52.34% below the market average52.34% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Price Trend
45.35% above the market average45.35% above the market average45.35% above the market average45.35% above the market average45.35% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income
40.93% above the market average40.93% above the market average40.93% above the market average40.93% above the market average40.93% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
27.66% above the market average27.66% above the market average27.66% above the market average27.66% above the market average27.66% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average

What The Brokers Say

Strong Buy 5
Buy 7
Neutral 1
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tesco Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 12-Oct-23
Paid 28-Jun-24 24-Nov-23
Amount 8.25p 3.85p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 4,099,932 @ 288.90p
16:35 3,488 @ 288.90p
16:35 2,489 @ 288.90p
16:35 9,009 @ 288.90p
16:35 1,392 @ 288.90p

Tesco Key Personnel

CEO Ken Murphy
CFO Imran Nawaz
Chair Gerard Murphy

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