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An announcement from Next plc ( (GB:NXT) ) is now available.
Next plc, a prominent player in the retail industry, has announced the repurchase of 77,540 of its ordinary shares at an average price of 9,492.6763 pence each, for cancellation. This move, executed through UBS AG London Branch, signals a strategic decision to manage its share capital, with potential implications for shareholder value and market perception. Following the repurchase, the company’s registered share capital now consists of 124,007,772 shares, all possessing equal voting rights, which may affect shareholder notifications under FCA rules.
More about Next plc
YTD Price Performance: 1.92%
Average Trading Volume: 384,718
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.41B
Find detailed analytics on NXT stock on TipRanks’ Stock Analysis page.
