J Sainsbury plc (GB:SBRY) has released an update.
J Sainsbury plc has reported the purchase of 1,525,855 of its own ordinary shares at prices ranging from 257.00 to 259.40 pence per share, with an average price of 257.92 pence. This buyback is a part of the company’s ongoing share repurchase program, with the intention to cancel the acquired shares, as it was previously laid out in their April 25 instructions to UBS AG London Branch.
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