REG - Sainsbury(J) PLC - Transaction in Own Shares First Tranche Completion

J SainsburyAnnouncement

15/10/2024 07:00

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RNS Number : 1411I  Sainsbury(J) PLC  15 October 2024

                                                                                                 15 October 2024
 TRANSACTION IN OWN SHARES AND COMPLETION OF FIRST TRANCHE OF BUYBACK PROGRAMME

 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:                                                                              14 October 2024
 Number of ordinary shares purchased:                                                            1,158,726
 Highest price paid per share (pence):                                                           275.00
 Lowest price paid per share (pence):                                                            271.80
 Volume weighted average price paid per share (pence):                                           273.20
 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.
 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 First Tranche
 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.
 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
 (http://www.rns-pdf.londonstockexchange.com/rns/1411I_1-2024-10-14.pdf)

 Enquiries

 Investor Relations                                              Media

 James Collins                                                   Rebecca Reilly
 +44 (0) 7801 813 074                                            +44 (0) 20 7695 7295
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