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IN BRIEF: Sainsbury's launches second GBP100 million buyback tranche

23rd Oct 2026 07:56

J Sainsbury PLC - London-based supermarket chain - Launches the second tranche of its GBP300 million share buyback programme, announced in April, worth up to GBP100 million. The tranche begins on Friday and will run until no later than February 27, 2027, the end of its financial year. Says it completed the first GBP200 million tranche in July, repurchasing 62.9 million shares for cancellation. Appoints Shore Capital Stockbrokers Ltd to conduct the buyback independently on its behalf.

Current stock price: 352.10 pence

12-month change: up 3.3%

By Eva Castanedo, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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