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Tesco Staff Set for Up to £134 Million Payout From Share Scheme

A near 25% share price rise has lifted returns on matured save-as-you-earn plans.

Overview

  • More than 22,000 colleagues, primarily in stores and distribution, qualify for the payout.
  • Based on average monthly savings, three-year participants are set to gain about £5,346 each, while five-year participants see about £8,004.
  • The total potential distribution reaches up to £134 million, over four times the £30 million shared in 2024.
  • The windfall stems from options to buy shares at a discount combined with Tesco’s share price gain over the past year.
  • Eligible employees can sell some or all matured shares to realise profits or keep their holdings for the longer term.