Transaction in Own Shares

By

Regulatory News | 17 Dec, 2024

Updated : 07:01

RNS Number : 2981Q
Sainsbury(J) PLC
17 December 2024
 





















17 December 2024

TRANSACTIONS IN OWN SHARES

 


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").








Ordinary Shares

 





Date of purchases:





16 December 2024

Number of ordinary shares purchased:



861,910

Highest price paid per share (pence):



279.60

Lowest price paid per share (pence):



276.20

Volume weighted average price paid per share (pence):


277.64

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 21 November 2024 as announced on 22 November 2024.

The Company intends to cancel these Shares.

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

 

 

Completion of Second Tranche

This purchase completes the £50 million second tranche of the £200 million programme, which began on 22 November 2024. A total of 18,802,688 ordinary J Sainsbury PLC shares were purchased, at a volume weighted price per share of 265.9194p, for cancellation during the second tranche. Completion of the second tranche completes the £200 million share buyback programme the Company announced on 26th April 2024.








http://www.rns-pdf.londonstockexchange.com/rns/2981Q_1-2024-12-16.pdf








Enquiries











Investor Relations

 


Media

 









James Collins



Rebecca Reilly


+44 (0) 7801 813 074



+44 (0) 20 7695 7295












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