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Sainsbury’s Continues Share Buyback and Cancellation

J Sainsbury plc (GB:SBRY) has released an update.

J Sainsbury plc has announced the purchase of 2,357,567 of its own ordinary shares at prices ranging from 264.20 to 267.40 pence per share, with an average cost of 265.69 pence each, as part of its ongoing share buyback program. The company has confirmed its intention to cancel the acquired shares. The detailed transaction data is available through a link provided in the announcement.

For further insights into GB:SBRY stock, check out TipRanks’ Stock Analysis page.

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