Sainsbury (J) PLC has announced the purchase of 385,035 of its ordinary shares from UBS AG London Branch on 17 May 2024. The highest price paid per share was 284.00 pence, the lowest was 282.20 pence, and the volume-weighted average price paid per share was 283.37 pence. These purchases are part of the company's existing share buyback program and were made in accordance with instructions issued to the Broker by the Company on 25 April 2024. The company intends to cancel these shares.

The announcement also states that a full breakdown of the individual trades made by the Broker on behalf of the Company as part of the buyback program is available through a provided link. For further information, the company has provided contact details for Investor Relations and Media.

This announcement provides insight into Sainsbury (J) PLC's recent financial activities, specifically regarding the purchase of its own shares. The details of the share buyback program and the intention to cancel the purchased shares indicate the company's strategic financial management. This information is important for investors and stakeholders interested in the company's financial operations and decisions.