The programme began instantly and is anticipated to finish no later than 31 July 2025.
It’s going to buy odd shares of £0.0005 every within the firm with an combination worth of as much as £100 million.
The programme will subsequently return as much as £100 million to shareholders. The aim is to cut back the share capital of the corporate, JD Sports activities stated.
Merrill Lynch Worldwide is enterprise the programme on the corporate’s behalf.
The announcement was made after JD Sports activities reported modest income development of 5.8% for the complete yr to 1 February 2025 and introduced a variety of updates to its medium time period plans on 9 April.
