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JD Sports Fashion PLC - Manchester, England-based sportswear retailer - Launches £100 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 £138 million in the 26 weeks to August 2 from £126 million a year prior. In addition to the buyback, JD Sports declared an unchanged 0.33 pence cash interim dividend. Current stock price: 89.69 pence, up 2.0% in London on Thursday 12-month change: down 42% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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