Sainsbury's Share Price (SBRY)

2 RNS on same day one is buying shares to reduce total one is issuing more shares to use in share options payment. Why not just use shares bought in to pay out the options ?(held in treasury I think this is called)

Sainsbury's have been buying freeholds, not selling them. Last year they paid £431m to Supermarket Income Reit for full ownership of 21 stores.

Still I don't think it'll be acquired any time soon. Morrisons buyout being at the top of the market and losing market share soon after will be a bit of a cautionary tale for others. Likely supermarkets out of play for a long while yet. In the meantime, bearing in mind it's a boring consumer staple in a sector renowned for small margins, it's still a perfectly fine business.

Unfortunately profit margins in grocery retail are paper thin, Aldi, Lidl have put the squeeze on the big 5 UK supermarkets...can't see grocery retail doing much at all apart from keeping a regular dividend.

Hi

What the hell is going on with sainsburys.....doesnt seem to want to move

Commencement of Share Buyback Programme.

Further to the announcement of 7 February 2024, J Sainsbury plc is pleased to announce the commencement of a share buyback programme of up to £200 million, to be completed by the end of this financial year, 1 March 2025.