How does the issuing company benefit from a high share price?

For example, Tesco's issues 1,000,000 shares at a nominal price of £1 per share on the stock market, so they get £1,000,000 . A year later, the stock price has increased to £3. Besides indicating that the market values Tesco higher now then it did a year ago, how has Tesco benefited? People buying and selling the shares in the market would have made money on the price increase but I cannot see how it filters down to the equity issuer.

Thanks

What is a VPN?

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