Sainsbury (J) (SBRY)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

271.10p
   
  • Change Today:
    -0.80p
  • 52 Week High: 310.40
  • 52 Week Low: 245.80
  • Currency: UK Pounds
  • Shares Issued: 2,368.99m
  • Volume: 497,846
  • Market Cap: £6,422m
  • RiskGrade: 132

Sainsbury's shareholders vote against living wage policy

By Michele Maatouk

Date: Thursday 07 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Sainsbury's shareholders voted on Thursday against committing to pay a real living wage by 2023.
The resolution, which was submitted by a small group of shareholders and co-ordinated by campaign group ShareAction, was directing the company become a living wage accredited employer. The resolution, which required 75% of votes in favour to pass, was overwhelmingly rejected by shareholders, with just 16.7% of votes.

The supermarket chain had recommended that shareholders vote against the resolution.

Chairman Martin Scicluna said: "We are proud to have led the way on colleague pay in our industry for the past five years and to pay our colleagues the living wage regardless of where they work in the country.

"We would like to thank our shareholders for their overwhelming votes of support and confidence in how Simon and his team are running the business. We believe very strongly in paying people well for the excellent job they do for our customers every single day. We also believe that we need to make all business investment decisions independently and that these decisions should not be outsourced to a third party."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sainsbury Market Data

Currency UK Pounds
Share Price 271.10p
Change Today -0.80p
% Change -0.29 %
52 Week High 310.40
52 Week Low 245.80
Volume 497,846
Shares Issued 2,368.99m
Market Cap £6,422m
RiskGrade 132

Sainsbury Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.08% above the market average73.08% above the market average73.08% above the market average73.08% above the market average73.08% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Price Trend
55.66% above the market average55.66% above the market average55.66% above the market average55.66% above the market average55.66% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
50.51% above the market average50.51% above the market average50.51% above the market average50.51% above the market average50.51% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
77.02% below the market average77.02% below the market average77.02% below the market average77.02% below the market average77.02% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average

What The Brokers Say

Strong Buy 1
Buy 4
Neutral 5
Sell 2
Strong Sell 0
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sainsbury Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Nov-23 08-Jun-23
Paid 15-Dec-23 14-Jul-23
Amount 3.90p 9.20p

Trades for 28-Mar-2024

Time Volume / Share Price
11:28 650 @ 271.10p
11:28 522 @ 271.10p
11:28 92 @ 271.10p
11:28 2,130 @ 271.10p
11:28 1,031 @ 271.10p

Sainsbury Key Personnel

Chair Martin Scicluna
CEO Simon Roberts
CFO Bl á thnaid Bergin

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