J Sainsbury Continues Share Buyback With £2m Share Repurchase for Cancellation

The latest announcement is out from J Sainsbury plc ( (GB:SBRY) ).

J Sainsbury plc has repurchased 646,800 of its ordinary shares on 14 January 2026 as part of its ongoing share buyback programme, paying between 307.4p and 311.2p per share, with a volume-weighted average price of 309.2002p. The company intends to cancel the repurchased shares, a move that will reduce the total number of shares in circulation and can enhance earnings per share and capital returns for remaining shareholders, underlining management’s continued focus on shareholder value.

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 chains, operating in the food retail sector with a broad offering of groceries and general merchandise through its supermarkets and convenience stores. The company targets mass-market consumers across the UK, competing with other major grocery retailers in a highly competitive, price-sensitive market.

Average Trading Volume: 7,843,094

Technical Sentiment Signal: Buy

Current Market Cap: £6.94B

For a thorough assessment of SBRY stock, go to TipRanks’ Stock Analysis page.