IN BRIEF: J Sainsbury starts GBP300 million share buyback
J Sainsbury PLC - London-based grocer - Sainsbury's starts on Friday the share buyback programme worth up to GBP300 million that it announced with its annual results on Thursday. The buyback will be run by broker Shore Capital Stockbrokers Ltd and will be completed by the end of the current financial year on February 27, 2027. The first tranche is worth up to GBP200 million and will be completed by the mid-point of the financial year on September 11. All repurchased shares will be cancelled. Read More