tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

J Sainsbury Continues Buyback with Cancellation of 646,700 Shares

Story Highlights
J Sainsbury Continues Buyback with Cancellation of 646,700 Shares

Claim 70% Off TipRanks Premium

J Sainsbury plc ( (GB:SBRY) ) has shared an announcement.

J Sainsbury plc has repurchased 646,700 of its ordinary shares on 13 January 2026 through broker BNP Paribas, paying between 307.2p and 311.4p per share at a volume-weighted average price of 309.2453p, as part of its existing share buyback programme initiated in November 2025. The company intends to cancel the repurchased shares, a move that will reduce the total number of shares in issue and can enhance earnings per share and capital returns for investors, underscoring management’s ongoing focus on shareholder value within the UK retail sector.

The most recent analyst rating on (GB:SBRY) stock is a Buy with a £3.60 price target. To see the full list of analyst forecasts on J Sainsbury plc stock, see the GB:SBRY Stock Forecast page.

Spark’s Take on GB:SBRY Stock

According to Spark, TipRanks’ AI Analyst, GB:SBRY is a Outperform.

J Sainsbury plc’s overall stock score reflects solid financial performance and strategic initiatives that enhance shareholder value. However, technical indicators suggest caution, and valuation metrics indicate potential overvaluation. The company’s strong earnings call and active share buyback program are positive factors, but regulatory costs and market challenges remain concerns.

To see Spark’s full report on GB:SBRY stock, click here.

More about J Sainsbury plc

J Sainsbury plc is one of the UK’s largest supermarket and grocery retailers, operating a nationwide chain of stores and related retail services focused on food, general merchandise and everyday consumer goods for UK households.

Average Trading Volume: 7,644,214

Technical Sentiment Signal: Buy

Current Market Cap: £6.95B

See more data about SBRY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1