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J Sainsbury Boosts Value with Share Buyback

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

J Sainsbury plc has announced the repurchase of over 1.24 million of its ordinary shares as part of its ongoing buyback program, with prices ranging between 250.20 and 254.60 pence per share. This move is part of the company’s strategy to enhance shareholder value, and the shares will be subsequently canceled.

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

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