22 Apr 2025
Commenced on
Up to £200m
Buyback value
12 Sep 2025
Expected completion
The sole purpose of the Programme is to reduce the Company’s share capital.
April 2025 Commencement of Share Buyback Announcement
Further to the announcement of 17 April 2025, J Sainsbury plc (the "Company") is pleased to announce the commencement of a share buyback programme of up to £200 million, by the end of the first half of this financial year, 12 September 2025 (the “Programme”).
The Programme will commence on 22 April 2025. The sole purpose of the Programme is to reduce the Company’s share capital.
The Company has entered into non-discretionary instructions with BNP PARIBAS to conduct the Programme on its behalf and to make trading decisions under the Programme independently of the Company.
The Programme will take place within the limitations of the authority granted to the Board of the Company by its annual general meeting, held on 4 July 2024, pursuant to which the maximum number of shares to be bought back by the Company is 239,100,500.
The announcements made at the start of each tranche of the programme which can be viewed here.
A breakdown of the daily transaction details can be found here and is updated weekly during the buyback programme. The daily transaction announcements are also available here.
