Sainsbury(J) PLC Transaction in Own Shares First Tranche Completion
October 15 2024 - 1:00AM
RNS Regulatory News
RNS Number : 1411I
Sainsbury(J) PLC
15 October 2024
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15 October
2024
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TRANSACTION IN OWN SHARES AND COMPLETION OF FIRST TRANCHE OF
BUYBACK PROGRAMME
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J Sainsbury plc (the "Company")
announces today that it has purchased the following number of its
ordinary shares, from UBS AG London Branch (the
"Broker").
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Ordinary Shares
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Date of purchases:
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14 October
2024
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Number of ordinary shares
purchased:
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1,158,726
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Highest price paid per share
(pence):
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275.00
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Lowest price paid per share
(pence):
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271.80
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Volume weighted average price paid
per share (pence):
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273.20
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Such purchases form part of the
Company's existing share buyback programme and were effected
pursuant to the instructions issued to the Broker by the Company on
25 April 2024 as announced on 26 April 2024.
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The Company intends to cancel these
Shares.
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In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (as
such legislation forms part of retained EU law as defined in the EU
(Withdrawal) Act 2018), a full breakdown (in aggregated and
detailed form) of the individual trades made by the Broker on
behalf of the Company as part of the buyback programme is set out
in the Schedule to this announcement available through the link
below
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Completion of First
Tranche
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This purchase completes the £150
million first tranche of the £200 million programme, which began on
26 April 2024. A total of 54,797,296 ordinary J Sainsbury PLC
shares were purchased, at a volume weighted price per share of
263.3215p, for cancellation.
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The remainder of the £200 million
programme, the second tranche, will be completed by the end of this
financial year and the Company will make a further announcement on
commencement of the second tranche.
http://www.rns-pdf.londonstockexchange.com/rns/1411I_1-2024-10-14.pdf
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Enquiries
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Investor Relations
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Media
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James Collins
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Rebecca Reilly
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+44 (0) 7801 813 074
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+44 (0) 20 7695 7295
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- END -
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POSBIBDGISBDGSS
Sainsbury (j) (LSE:SBRY)
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From Nov 2024 to Dec 2024
Sainsbury (j) (LSE:SBRY)
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From Dec 2023 to Dec 2024
