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Sainsbury’s Buys Back and Cancels 457,400 Shares Under Ongoing Programme

Story Highlights
  • J Sainsbury repurchased 457,400 shares on 2 January 2026 via BNP Paribas.
  • These shares form part of its ongoing buyback programme and will be cancelled, potentially boosting EPS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sainsbury’s Buys Back and Cancels 457,400 Shares Under Ongoing Programme

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An update from J Sainsbury plc ( (GB:SBRY) ) is now available.

J Sainsbury plc has repurchased 457,400 of its ordinary shares on 2 January 2026 through BNP Paribas, paying prices between 325.4p and 329.6p per share, with a volume-weighted average price of 327.9115p. The buyback forms part of the company’s previously announced share repurchase programme, and the purchased shares will be cancelled, a move that is expected to reduce the total number of shares in issue and potentially enhance earnings per share and capital returns for shareholders.

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 grocery and general merchandise retailers, operating supermarkets and convenience stores nationwide, as well as an online offering that targets value-conscious consumers in a highly competitive retail market.

Average Trading Volume: 7,535,264

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.32B

For an in-depth examination of SBRY stock, go to TipRanks’ Overview page.

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