tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

J Sainsbury Repurchases and Cancels 458,000 Shares Under Ongoing Buyback Programme

Story Highlights
J Sainsbury Repurchases and Cancels 458,000 Shares Under Ongoing Buyback Programme

Claim 70% Off TipRanks Premium

J Sainsbury plc ( (GB:SBRY) ) has issued an update.

J Sainsbury plc has repurchased 458,000 of its ordinary shares on 5 January 2026 as part of its ongoing share buyback programme, paying between 325.00p and 330.20p per share at a volume-weighted average price of 327.4444p. The company intends to cancel the repurchased shares, a move that will reduce the number of shares in circulation and may enhance earnings per share and shareholder value, underlining management’s continued commitment to capital returns within the framework of its existing buyback mandate.

The most recent analyst rating on (GB:SBRY) stock is a Hold with a £330.00 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 stores and online channels, primarily serving UK consumers in a highly competitive retail market.

Average Trading Volume: 7,535,264

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.32B

For detailed information about SBRY stock, go to 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