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Sainsbury’s Continues Share Buyback With Cancellation of 481,370 Shares

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Sainsbury’s Continues Share Buyback With Cancellation of 481,370 Shares

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

J Sainsbury plc has continued executing its existing share buyback programme, repurchasing 481,370 ordinary shares on 9 January 2026 through BNP Paribas at prices ranging between 307.4p and 328.6p, with a volume-weighted average price of 311.605p. The company intends to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share, signalling ongoing capital returns to shareholders and confidence in its financial position.

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 food, household goods and related services for consumers across the United Kingdom.

Average Trading Volume: 7,606,822

Technical Sentiment Signal: Buy

Current Market Cap: £6.95B

Find detailed analytics on SBRY stock on TipRanks’ Stock Analysis page.

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