UK grocer Morrisons has revealed its latest share repurchase.

The retailer has purchased 500,000 ordinary shares at an average price of 295.35 pence per share, it said yesterday (21 June).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Following the purchase, the company will have 2.61bn shares in issue. Morrisons holds no ordinary shares in Treasury.

Morrisons announced plans in March to buy-back some GBP1bn in shares over the next two years and increase its dividend by a double-digit percentage over the next three years.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now