Sainsbury’s Advances Share Buyback, Cancels Shares
Company Announcements

Sainsbury’s Advances Share Buyback, Cancels Shares

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

J Sainsbury plc has completed the purchase of 662,422 of its own ordinary shares on May 14, 2024, at prices ranging from 278.40 to 281.40 pence per share, with an average cost of 279.38 pence per share. This move is part of the company’s ongoing share buyback program, with the intention to cancel the acquired shares, as part of an effort to return value to shareholders.

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

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