JD Sports Engages in Major Share Buyback Operation with Merrill Lynch

In a move that has made shockwaves within the trading community, JD Sports Fashion PLC has declared the ambitious purchase of a mammoth number of its own shares from Merrill Lynch International, all part of a larger share buyback operation recently launched by the company. The date of purchase, 17 April 2025, saw 1,900,000 ‘ordinary shares’ of £0.0005 each procured. The highest price paid per share was £0.75 while the lowest was £0.73 making the volume-weighted average price paid per share £0.75. The shares acquired in this remarkable transaction will be held in treasury. After this marked buyback, the company now wields 3,690,123 of its own shares in treasury and has a startling 5,179,445,622 ‘ordinary shares’ in issue excluding the treasury shares. JD Sports has skillfully navigated the obligations of the Market Abuse Regulation (EU) No 596/2014 by providing a full rundown of the individual trades executed by Bank of America on its behalf during this programme. They are now taking avant-garde strides in the world of high-stakes trading.