25th Sep 2025 11:03
JD Sports Fashion PLC - Manchester, England-based sportswear retailer - Launches GBP100 million share buyback on Thursday. The new buyback follows a similar sized programme completed in July. It will be run by broker Peel Hunt LLP and completed by the end of JD Sports' financial year on January 31. The repurchased shares will be cancelled or held in treasury with the aim to reduce the share capital of the company. The new buyback was first announced in a trading update in August. On Wednesday, JD Sports released half-year results, saying pretax profit increased by 9.5% to GBP138 million in the 26 weeks to August 2 from GBP126 million a year prior. In addition to the buyback, JD Sports declared an unchanged 0.33 pence cash interim dividend. Read More
