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J Sainsbury Corrects Disclosure on Share Buyback and Confirms Cancellation of 618,000 Shares

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J Sainsbury Corrects Disclosure on Share Buyback and Confirms Cancellation of 618,000 Shares

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

J Sainsbury plc has corrected a previous disclosure and confirmed that it repurchased 618,000 of its ordinary shares on 24 December 2025 from BNP Paribas at prices between 321.8p and 324.4p per share, with a volume-weighted average price of 323.4511p. The buyback forms part of the group’s existing share repurchase programme, and the company intends to cancel the acquired shares, a move that reduces the overall share count and can enhance earnings per share for investors while signalling continued capital returns to shareholders.

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 a major UK-based grocery and general merchandise retailer, operating supermarkets and convenience stores with a focus on serving mass-market consumers across the country.

Average Trading Volume: 7,128,894

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.32B

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

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