J Sainsbury plc (GB:SBRY) has released an update.
J Sainsbury plc has announced the purchase of 2,904,378 of its own ordinary shares at a volume weighted average price of 256.85 pence per share. The buyback, part of an ongoing programme announced on 26 April 2024, was conducted through UBS AG London Branch. The company plans to cancel the acquired shares as part of its strategy to enhance shareholder value.
For further insights into GB:SBRY stock, check out TipRanks’ Stock Analysis page.
