Sainsbury’s share buyback and planned cancellation

J Sainsbury (UK) (GB: SBRY) posted an update.

J Sainsbury PLC has announced the purchase of 469,601 of its own ordinary shares on 9 May 2024, as part of its ongoing share buyback programme. The shares were purchased through the London branch of UBS AG with the highest price per share at 275.60 pence and the lowest at 271.80 pence, with an average of 273.57 pence. The company plans to cancel the acquired shares.

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