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The latest update is out from J Sainsbury plc ( (GB:SBRY) ).
J Sainsbury plc announced the purchase of 1,317,464 of its ordinary shares as part of its ongoing share buyback program, with the highest price paid being 273.60 pence per share. The company plans to cancel these shares, which is part of a strategic move to enhance shareholder value by reducing the number of shares outstanding.
More about J Sainsbury plc
J Sainsbury plc operates in the retail industry, primarily focusing on groceries and general merchandise. It is a prominent supermarket chain in the UK, offering a wide range of products and services to its customers.
YTD Price Performance: -6.31%
Average Trading Volume: 7,594,288
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.25B
See more data about SBRY stock on TipRanks’ Stock Analysis page.
