Shareholder meetings

Our frequently asked questions are aimed to provide you with answers to some of the most common shareholder queries we receive.

• Shareholder enquiries

  How can I find out more about my Tesco shareholding?

  Simply log on to www.shareview.co.uk. If you do not have a Shareview account, it’s quick and easy to set one up and you will just need your shareholder reference number, which can be found at the top of your share certificates. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  What do I do if my personal details have changed?

  You will need to notify Equiniti if your personal details have changed, such as a new address or change of name. Simply log into your existing Shareview account at www.shareview.co.uk. If you do not have a Shareview account, it’s quick and easy to set one up and you will just need your shareholder reference number. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry). For a change of name, you may also need to provide evidence of your name change, such as a photocopy of your marriage certificate, or a certified copy of your change of name deed.

  How can I find out how many Tesco shares I hold?

  Simply log into your existing Shareview account at www.shareview.co.uk. If you do not have a Shareview account, it’s quick and easy to set one up and you will just need your shareholder reference number. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  Are shareholder communications available in alternative format, like large print or braille?

  Yes, please contact Equiniti, who will arrange to send you Tesco communications in your preferred format. You can do this by signing into your existing Shareview account at www.shareview.co.uk or by visiting help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  How can I obtain replacement tax vouchers?

  If your tax vouchers have been lost or stolen, you can obtain replacements by contacting Equiniti. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  How do I buy and sell shares?

  This is usually done through a stockbroker, bank, building society or "share shop". They all offer a similar service although the commissions they charge will vary.

  This can be done with Equiniti Limited at www.shareview.co.uk/dealing. If you would like a list of stockbrokers, either visit www.money.co.uk, or write to The Association of Private Client Investment Managers and Stockbrokers (APCIMS), 112 Middlesex Street, London, E1 1HY.

  If you have recently sold your shares and receive a dividend which you are not sure you are entitled to, contact the agent who acted for you in the sale. Always keep the contract notes which are sent to you by the agent who buys or sells shares for you. If you sell any of your Tesco shares you may become liable to capital gains tax.

  Neither Tesco nor the Registrar is able to offer financial advice or to confirm the price at which you bought or sold shares.

  How can I transfer my Tesco shares?

  If you wish to transfer your shares to your spouse you will need to complete a Gift Transfer Form. You can obtain a Gift Transfer Form from Equiniti by signing into your existing Shareview account at www.shareview.co.uk or by visiting help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

• Dividends

  When is the next Tesco dividend payable?

  We'll post any future key dates on our financial calendar when they are announced. Please also visit the Dividend section of our website for more information, including past dividends and a helpful dividend calculator.

  How often does Tesco pay dividends?

  View the dividend calculator and historic dividend prices

  Can I elect to reinvest my cash dividends in Tesco ordinary shares?

  Yes. You will need to complete an application form and send it to Equiniti, Aspect House, Spencer Road, Lancing Business Park, Lancing, West Sussex, BN99 6DA . Alternatively you can join by contacting Equiniti via www.shareview.co.uk.

  I haven't received my last dividend cheque, who do I need to contact?

  We no longer issue dividend cheques. You will need to contact Equiniti and set up a BACS dividend mandate form to continue to receive your dividend payments. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  I have found an out of date dividend cheque, what can I do?

  You will need to contact Equiniti, who will inform you of the next steps. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  Can I have my Tesco dividends paid directly into my bank or building society account?

  Yes you can. You will need to request a BACS dividend mandate form from Equiniti. To contact Equiniti, please visit help.shareview.co.uk (from here, you can securely email Equiniti with your enquiry).

  Will I still receive notification of dividend payments if they are paid direct into my bank or building society account?

  Yes, a dividend tax voucher will be sent to your registered address when the interim dividend is paid. This tax voucher covers the whole tax year.

  Why is Tesco now chequeless?

  Dividend payments are now paid directly to your bank or building society account, which is quicker and more secure. As a responsible business, Tesco is committed to reducing its carbon footprint across all business activities. The removal of issuing paper as a payment method, and transportation, will also help us to reduce the environmental impacts of our business and ensure dividend monies are paid into accounts on the dividend payment date. Removing cheques and going paperless will also have a significant impact on Tesco’s paper consumption, so we encourage all our shareholders to go completely electronic by registering with Equiniti’s Shareview portfolio. This will mean that your communication and quarterly statements will be received electronically.

  If I don’t update my bank mandate what will happen to my dividend?

  Your dividend will be retained by our Registrar, Equiniti, until you provide your bank or building society account. Your dividend will not accrue any interest whilst it is being held for you and Equiniti could charge a fee for the release of your dividend.

  What if my bank account is an overseas account?

  Equiniti offer an overseas payment service, where they can arrange for payments to be made in over 90 countries worldwide. The fee is usually less than paying a cheque in GBP.

  How does being chequeless benefit me?

  You will be receiving your dividend directly into your bank or building society account, which means you do not need to wait for a cheque to arrive. Neither will you have to travel to your bank or building society account to cash your cheque, the payment is instant!

  How can I update my bank details?

  Log into or register at www.shareview.co.uk to update your bank details. Shareview is a free, easy and secure service that enables you to manage your shareholding online. Alternatively, you can download and complete a bank mandate form here. You can contact Equiniti by visiting shareview.co.uk.

  How can I have my dividends paid?

  You have the option of:

  • having them paid direct to your bank or building society account; or
  • electing to use them to buy more Tesco shares via the Dividend Reinvestment plan.
    
    

  Having your dividend paid directly into your bank or building society account through the BACS system means:

  • fast and convenient payment;
  • no more lost or stolen cheques;
  • reduces the risk of fraud; and
  • reduces the amount of paper we use.
    
    

  You can quickly and easily update your dividend instruction by completing a bank mandate form.

  Our Registrar, Equiniti Limited, will send you a dividend confirmation to confirm the amount and to which account it has been paid.

  If you need to update your bank/building society account details, you can do so through your Shareview Portfolio at www.shareview.co.uk or, if you are a sole shareholder of 2,500 shares or less, you can update your bank/building society account details by contacting Equiniti. 

  If you are a non-UK shareholder you can sign up to Equiniti’s Overseas Payment Service. For more information please visit www.shareview.co.uk/info/ops. 

  We have now withdrawn cheques as a form of dividend payment. If you previously received dividends by cheque, please ensure that you provide your bank or building society account details to Equiniti, so that future dividend payments and any other money payable to you in connection with your shares can be made by direct payment. 

  Do I have to pay tax on my dividends?

  The amount of tax you pay depends on your personal circumstances. You can earn some dividend income each year without paying tax. You do not pay tax on any dividend income that falls within your Personal Allowance (the amount of income you can earn each year without paying tax). You may also be entitled to a dividend allowance each year, whereby you only pay tax on any dividend income above the dividend allowance threshold. For more information on the current dividend allowance, please visit www.gov.uk/tax-on-dividends. 

  Any dividends re-invested in SIP Dividend Shares will not be subject to UK income tax if the SIP Dividend Shares are held in the SIP Trust for at least three years. You do not pay tax on dividends from shares in an ISA. 

  If you sell any of your shares at a profit, you may have to pay capital gains tax and should submit a self-assessment tax form. 

  What is the ex-dividend date?

  We consult the London Stock Exchange Dividend Procedure Timetable to set the date on which shares are sold without entitlement to the next dividend payment. This is known as the ex-dividend date and is generally the business day preceding the record date. If you buy shares before the ex-dividend date, you are entitled to the most recently-announced dividend; if you buy after that date, the dividend is paid to the previous owner of the shares.

  What is the record date?

  A dividend is paid based on the number of shares held on the share register on a particular date, which is known as the record date. In accordance with the London Stock Exchange Dividend Procedure Timetable, the record date is currently one day after the ex-dividend date. If you receive a dividend and are not sure if you are entitled to it, you should contact the agent who sold your shares for you.

  What is the Dividend Reinvestment Plan (DRIP)?

  We operate a Dividend Reinvestment Plan which allows you to reinvest your cash dividends in additional Tesco PLC shares.

  If you would like to join or leave the DRIP please register through your Shareview Portfolio at www.shareview.co.uk or contact Equiniti by visiting help.shareview.co.uk.

• AGM

  When is the next Annual General Meeting?

  All information about our Annual General Meeting can be found on our Shareholder Meetings page.

  Why are you using electronic voting at the AGM?

  This is now best practice and means that each vote represents the number of shares held. Voting online is quicker and more secure and reduces our environmental impact. This is also in line with market practice and other FTSE companies who have implemented this. Shareholders who want a paper copy of the proxy form can request one from the Registrar, Equiniti.

  How can I get a copy of the AGM Notice of Meeting?

  • Notice of Annual General Meeting 2025
  • Archive

   

• Results, reports and presentations

  When is your next set of results being announced?

  See the Financial Calendar

  How can I get a copy of the Annual Report?

  • Download our Annual Report and Strategic Report
  • View Reports archive

   

• ADR holders

  Can I get an ADR certificate?

  You may obtain a physical certificate for all or part of your Tesco ADS share position by contacting J.P. Morgan Shareowner Services.

  Can I deposit my certificates with you for safekeeping?

  If you have Tesco ADR certificates, you can send them for safe-keeping at any time by mailing your instruction letter and certificate(s) by registered mail to J.P. Morgan Shareowner Services, converting your account to book-entry registration.

  What should I do if my certificate is lost?

  You should contact J.P. Morgan Shareowner Services immediately to report the loss of your certificate and to request paperwork to begin the replacement process. They will provide the affidavit of loss and calculate the amount of the replacement costs, if applicable.

  How often will I receive account statements?

  Each time there is activity on your book-entry account.

  What happens if I lose my dividend check or tax form?

  You should notify J.P. Morgan Shareowner Services if you lose your dividend check. They will place a stop-payment order against your original check and issue a replacement check to you at no cost. You can contact J.P. Morgan Shareowner Services to request a copy of your most recent US tax form, beginning each January 31, for the previous tax year.

  How can I buy or sell Tesco's ADRs?

  You can purchase Tesco ADRs through a Stockbroker or Investment Advisor.

  How do I convert ordinary shares into ADRs?

  Converting ordinary shares into ADRs must be done through a broker, investment advisor or through J.P. Morgan Shareowner Services.

  Where can I find information on Tesco's ADR programme?

  Information, including the current price quotes are on J.P. Morgan Shareowner Services’ ADR website at www.adr.com/shareholder.

  Where are Tesco ADS shares traded?

  The ADS shares are unlisted and trade OTC (over the counter). The ticker symbol is TSCDY. www.pinksheets.com

  How can I find out how many ADS shares I hold?

  Registered holders should refer to their account statement, ADR certificate or contact J.P. Morgan Shareowner Services directly. You may also access your account information on-line at www.adr.com/shareholder.

  First-time users should click on Sign Up Now!
  Select Type: Authentication ID
  Type in your Account Number
  Check I do not have my Authentication ID
  Select Send ID
  Your ID will be mailed to you

  Once you have received your Authentication ID, go to www.adr.com/shareholder and select Sign Up Now!
  Those holding their position through a broker in beneficial form will need to contact the broker directly to obtain this information.

  How do I transfer or gift my ADS shares?

  Transactions involving ADR certificates require you to send your certificate to J.P Morgan Shareowner Services for processing. For Stock Power and Transfer instructions contact J.P Morgan Shareowner Services or visit www.adr.com/shareholder, Download Forms, Stock Power and Transfer Instructions.

  What should I do if I change my name or address?

  Notify J.P. Morgan Shareowner Services when you change your name and enclose any relevant legal document to prove the change. Also provide J.P. Morgan Shareowner Services with any new address. Always include your shareholder account number in any communication about your holdings.

  It is important to keep your share account records up to date. If J.P. Morgan Shareowner Services does not have your current address, they may not be able to deliver your dividend check. In that case any dividends due to you will be kept in a non-interest bearing account waiting for you to claim them. ADS shares and accumulated dividends will, for US shareholders, be considered abandoned property after a certain number of years and will ultimately be surrendered to the state of your last address on Tesco's records, in accordance with the laws of that state.

  What if I have more than one account in the same name(s)?

  If you buy more shares in Tesco, but the name and address supplied to the transfer agent differs even slightly from the way you are already listed on the account records, another account may be created. If this happens you should contact J.P. Morgan Shareowner Services, to see if they can consolidate the accounts and/or what additional information they may need to do so.

  Who is the Tesco ADR depositary bank?

   J.P. Morgan Chase Bank N.A

  Who should I contact for ADR queries?

  For ADR queries, please contact J.P. Morgan Chase Bank N.A. using the details below:
  Address:
  Shareowner Services
  P.O. Box 64504
  St. Paul, MN 55164-0504
  USA
  Email: StockTransfer@equiniti.com
  Website: www.adr.com/shareholder