Daily Stock Market Report (Mon 23rd February 2026) - JMAT, SNX, SNWS, MONY, VCP, PINT

Good morning! I hope you had a relaxing weekend.

Out of time for today, thanks all. Spreadsheet accompanying this report: link.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)JD Sports Fashion (LON:JD.) (£3.87bn | SR75)Launch of new £200m share buyback programme£200m buyback to begin immediately with £100m tranche to complete by 31 July 2026. Second tranche will commence thereafter.Johnson Matthey (LON:JMAT) (£3.87bn | SR72)Update on Catalyst Technologies saleLong stop date for satisfaction of conditions for sale extended from 21 Feb to 21 Jul 26. To reflect CT’s [weaker] business performance in FY26, the sale price has been cut to £1,325m from £1,800m previously. JM now expects to return c.£1,000m to shareholders (previously £1,400m). Return will be made through £800m special dividend + share consolidation and £200m buyback.AMBER ↓ (Roland) [no section below]The CT sale was originally agreed in May 2025. During the y/e 31 March 25, the CT division contributed c.25% of group profit with an operating margin that was at least double the remainder of the business. At the time, I thought it looked like JM might be selling an attractive unit (and I still do). However,...