• 25 Sep 25
 

JD Sports Fashion - LAUNCH OF SHARE BUYBACK PROGRAMME


JD Sports Fashion Plc | JD/ | 88.7 0.64 0.7% | Mkt Cap: 4,490m



RNS Number : 6913A
JD Sports Fashion PLC
25 September 2025
 

 

25 September 2025 JD SPORTS FASHION PLC

LAUNCH OF SHARE BUYBACK PROGRAMME

 

JD Sports Fashion plc (the Company) announces that it will commence a share buyback programme to purchase ordinary shares of £0.0005 each in the Company (the Shares) with an aggregate value of up to £100 million (the Programme). The Programme will therefore return up to £100 million to shareholders. The Programme will commence immediately today and is expected to complete by the end of the financial year, being 31 January 2026.

 

The Company has entered into an irrevocable agreement (the Agreement) with Peel Hunt LLP (Peel Hunt) to undertake the Programme on the Company's behalf, with Peel Hunt making market purchases, as riskless principal, of the Shares on the London Stock Exchange. Peel Hunt will make trading decisions under the Programme independently of the Company, subject to: (i) certain parameters agreed between Peel Hunt and the Company prior to the commencement of the Programme pursuant to the Agreement; and (ii) the Company's right to terminate the Agreement in certain customary circumstances. Any purchases of Shares contemplated by this announcement will be subject to the terms of the Agreement.

 

Shares acquired by Peel Hunt under the Agreement will be sold on to the Company and will either be cancelled or held in treasury. The purpose of the Programme is to reduce the share capital of the Company. The maximum number of Shares that may be acquired under the Programme, as authorised by shareholders at the Company's 2025 annual general meeting on 2 July 2025 (the 2025 Shareholder Authority), is 515,475,677. The amount not yet utilised at the date of this announcement is 483,685,440. The 2025 Shareholder Authority will expire at the close of business on 31 July 2026 or, if earlier, on the conclusion of the Company's 2026 annual general meeting, where the Company expects to seek renewal of the 2025 Shareholder Authority.

 

Any purchase of Shares under the Programme will be executed in accordance with the Company's general authority to purchase Shares pursuant to the 2025 Shareholder Authority, the assimilated UK Market Abuse Regulation 596/2014 and the assimilated Commission Delegated Regulation (EU) 2016/1052 (in each case as incorporated into the law of the United Kingdom by the European Union (Withdrawal) Act 2018 (as amended)), and Chapter 9 of the UK Financial Conduct Authority's UK Listing Rules.

 

Any purchase of Shares under the Programme will be announced by no later than 7.30 a.m. on the business day following the calendar day on which the relevant purchase occurred.

 

Enquiries:

  

JD Sports Fashion Plc                                    

Tel: 0161 767 1000

Andrew Higginson, Chair



Régis Schultz, Chief Executive Officer



Dominic Platt, Chief Financial Officer



Theresa Casey, General Counsel & Company Secretary



Maj Nazir, Director of Investor Relations



 

FGS Global

Tel: 0207 251 3801

Rollo Head



Jenny Davey



James Thompson



 

LEI: 213800HROV6Y9MUU8375

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