Transaction in Own Shares • Apr 11, 2019
Transaction in Own Shares
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National Storage Mechanism | Additional information
RNS Number : 9053V
Sports Direct International Plc
11 April 2019
Date: 11 April 2019
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
Media Statement
Further to this morning's announcement of a new share buyback programme, the board of Sports Direct believes our share buybacks are an important mechanism for maintaining an efficient but robust balance sheet for the benefit of our shareholders, whose support, including during the Debenhams refinancing process, we continue to appreciate.
Our understanding of the importance of our shareholders and our actions towards them are in complete contrast to the actions of the board of Debenhams, past and present, whereby they ignored the wishes of shareholders, both major and minor, and offers of support, and completely destroyed shareholder value.
Ends
| Sports Direct International plc Cameron Olsen, Company Secretary |
T. 0344 245 9200 E. [email protected] |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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