Sports Direct Share Discussion Threads

[discodave4] 06/1/2017 07:59

To date bought about 800k shares.Price limit £3.It's all there in the numbers.DD

[nortic 007] 06/1/2017 06:26

Terminated I'm not sure what the maximum price they (SPD) are aloud to pay?Would love to know if anyone can help?Thank youp.s If there are any disgruntled large holders ( institutional and the like) out there,all they have to do is approach the company broker (Citi) and place a sell order. It'll be interesting to see over the coming weeks and months if this happens . It should be an indication of what the big holders think of the current value. Could just be a case of people just throwing their toys out of the pram. Didn't really notice any large purchases by SPD before they stopped the last buy back.

[nortic 007] 06/1/2017 05:50

Terminated This was the last share buy back they announced . Hope this is what you're looking for.Following the above purchase, the Company holds 47,481,654 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 593,120,715.

[terminated] 05/1/2017 22:49

Ahh cheers, does anyone know how many have already been bought to date under this program?

[unnavailable] 05/1/2017 22:30

Further to the announcement made by the Company on 8 December 2016, the Company announces that it intends to recommence its share buyback programme from today's date for the period up to and including the Company's annual general meeting on 6 September 2017 (the "Programme").

The maximum number of shares that may be purchased under the Programme will be 86,324,793 ordinary shares, being the maximum number of shares that may be purchased under the authority granted to the Company by shareholders at the Company's annual general meeting on 7 September 2016 less the total number of shares purchased under that authority to date. The aggregate purchase price of all shares acquired under the Programme will be no greater than GBP258,974,379.

The purpose of the Programme is to reduce the share capital of the Company.

The Programme will be conducted within certain pre-set parameters, and in compliance with the relevant conditions for trading, restrictions regarding time and volume, disclosure and reporting obligations, and price conditions. The shares repurchased by the Company will be held in treasury pending cancellation or re-issue.

[terminated] 05/1/2017 22:10

Did he specifically say the buy back was back on, I can't find that info. Was it back up to £3? If so I would have expected the price to leap up.

[nortic 007] 05/1/2017 15:59

au24Had a look....... thank you :)

[nortic 007] 05/1/2017 15:51

au24Good to see .I'm normally the kiss of death if I say anything bullish so I've kept quiet :)

[au24] 05/1/2017 15:40

Nortic
Looking a little bit better :)

Take a look at VIP

[thevaluehunter] 05/1/2017 15:39

The buyback is back!

[whites123] 05/1/2017 12:39

He Stays.....


Mike Ashley, the majority shareholder and Chief Executive, said: "Keith has my full backing and will be continuing in his role on the basis that he has the unanimous support of the Board. I note that many of those who voted against Keith have acknowledged that we have made positive progress since the AGM."

[nortic 007] 04/1/2017 19:37

Terminated Agree with you sir.

[terminated] 04/1/2017 19:27

Yea I don't think he gives a stuff, but fortunately he has a big ego and a desire to put a halt to his plummeting net worth might spur him on to do the right thing.

[nortic 007] 04/1/2017 16:35

It's funny but trying to tell Mr Ashley to do something reminds me of when your in a restaurant and the waiter tells you not to touch the plate because it's to hot or when you see a sign that says "wet paint".... I think you know where in coming from.More fun a games tomorrow .

[nortic 007] 04/1/2017 16:28

I think they ( institutions ) will be more than happy to see SPD trading below 270. Might just prove a point in tomorrow's meeting as regards to Mr Hellawell and performance .

[terminated] 04/1/2017 10:51

Clothing retail is more reminiscent of the food retailers early last year. Doom and gloom with decreasing margins and profits. Now they are on the assent, up over 40% in most cases. Article 50 will put a cloud over clothing retailers for months until the pound stabilises to a predictable level. This will be a 12 - 16 month ride for me at which point I would expect 50% profit. I'm putting most of my faith in a stronger pound and the ability of MA to turn it around. That or I still think he could take this private at about £4 which for him would be a very good price.

[nortic 007] 04/1/2017 09:45

Eventually yes. But we could be in for a rough ride for a while yet. It's hard to pick the bottom.... I should know :(

[useless23] 04/1/2017 08:58

As in buying out companies?

[nortic 007] 04/1/2017 08:13

The quicker week get to the bottom the better. The Chinese will be all over us soon.

[nortic 007] 04/1/2017 08:11

Next -11.5 % Quality company could be an overreaction but could still go lower.This is so reminiscent of this time last year and the mining sector.

[nortic 007] 04/1/2017 07:57

Just remember early markets calls don't always mean much but just thought you should know. Next statement was cautious and most stand up a listen when Lord Wolfsonspeaks.

[nortic 007] 04/1/2017 07:50

We could be in for a bumpy ride this morning. Markets calling Next 5% lower at the open.

[nortic 007] 03/1/2017 17:43

au24Thursday .

[au24] 03/1/2017 17:19

Meeting is imminent is it not!

[nortic 007] 03/1/2017 16:47

Terminated Looked at FTSE 250 retailers and they dominated the biggest fallers today.SPD price move looks like the markets way of saying the chairman must go?