Commencement of Second Tranche of Share Buyback

Sainsbury(J) PLC

23 October 2026

 

23 October 2026

J Sainsbury plc

Commencement of Second Tranche of Share Buyback Programme

On 23 April 2026, J Sainsbury plc (the “Company”) announced the commencement of a share buyback programme (the “2026 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 £200 million tranche of the £300 million 2026 Programme. A total of 62,949,419 ordinary J Sainsbury plc shares (“Shares”) were purchased for cancellation during the first tranche of the 2026 Programme.

In connection with the 2026 Programme and further to the announcement of 22 October 2026, the Company is pleased to announce the commencement of the second tranche of the share buyback programme (the “Programme”). This will be for a maximum aggregate market value equivalent to £100 million which will be bought back in the form of the Company's ordinary shares. The Programme will commence on 23 October 2026 and will end on or before the end of this financial year, 27 February 2027. The sole purpose of the Programme is to reduce the Company's share capital. The Company intends to cancel the repurchased ordinary shares.

The Company has 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 will take place within the limitations of the authority granted to the Board of the Company by its annual general meeting, held on 2 July 2026, pursuant to which the maximum number of shares to be bought back by the Company is 227,518,400.

LEI number: 213800VGZAAJIKJ9Y484

Enquiries

Investor Relations	Media
James Collins	Rebecca Reilly
[phone]	[phone]

 

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