Source - Alliance News

J Sainsbury PLC - London-based supermarket chain - Starts on Tuesday the share buyback programme announced with its annual results on Thursday last week. The buyback will be worth up to £200 million. It will be run by BNP Paribas SA and completed by the end of Sainsbury’s financial first half on September 12.

Current stock price: 262.40 pence each, up 2.2% on Tuesday morning in London

12-month change: down 2.5%

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