Sainsbury’s Share Buyback and Cancellation Update
Company Announcements

Sainsbury’s Share Buyback and Cancellation Update

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

J Sainsbury plc has announced the completion of a share buyback program, with 1,191,748 ordinary shares purchased at prices ranging from 260 to 263.20 pence per share, averaging at 261.24 pence. This move, part of an ongoing program initiated on April 25, 2024, will lead to the cancellation of the acquired shares, as part of the company’s strategy to enhance shareholder value.

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

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