Tesco save as you earn

Karenmf

Hi my save as you earn matures on the 1st feb and I'm not sure whether to buy and keep or buy and sell the shares as tesco are doing a consoladation and paying out 0.5093 per share. But are also reducing the amount of shares owned which will be the best way to go I'm so confused on this consolidation 

[Deleted User]

Keep the shares.
Tesco have sold some assets and are giving the proceeds to shareholders (you) at the end of Feb., from what I read. You shall still own the same % of the company. Keep the shares and you shall also receive regular dividend payments too. 
The company is doing well in this environment, so make sure you apply for the sharesave scheme that follows; don't worry about having too many eggs in your shopping basket, there are not many unlosable financial bets you can make, but sharesave is probably as near as you can get.