24 April 2026
Commenced
300m
Up to
24 July 2026
First tranche, £200m, completed
The sole purpose of the Programme is to reduce the Company’s share capital.
Completion of the first tranche of the Share Buyback Programme
On 23 April 2026, J Sainsbury plc (the 'Company') announced the commencement of a share buyback programme (the ‘Programme’) of up to £300 million, to be completed by the end of this financial year, 27 February 2027.
On 27 July 2026, the Company announced the completion of the first tranche of the Programme. This began on 24 April 2026 and was for a maximum aggregate market value equivalent to £200 million. A total of 62,949,419 ordinary J Sainsbury plc shares (“Shares”) were purchased for cancellation during the Programme.
The sole purpose of the Programme was to reduce the Company's share capital. The Company intends to cancel the repurchased Shares.
The Company entered into non-discretionary instructions with Shore Capital Stockbrokers Limited to conduct the Programme on its behalf and to make trading decisions under the Programme independently of the Company.
The Programme took place within the limitations of the authority granted to the Board of the Company by its annual general meeting, held on 3 July 2025, pursuant to which the maximum number of Shares to be bought back by the Company (after taking account of Shares already purchased by the Company since that date) is 205,181,434.
The announcements made at the start of each tranche of the programme can be viewed here.
A breakdown of the daily transaction details can be found here and is updated weekly during the buyback programme. The weekly transaction announcements are also available here.
