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Next plc ( (GB:NXT) ) has shared an announcement.
Next plc, a prominent retailer, announced the completion of its share buyback program initiated in July 2024. The company repurchased 15,753 ordinary shares for cancellation, with prices ranging between 9796p and 9878p per share, through its broker UBS AG London Branch. Following this transaction, Next plc’s registered share capital now comprises 124,673,430 shares. This move is part of Next’s strategy to enhance shareholder value and adjust its capital structure, potentially impacting its stock liquidity and signaling confidence in its financial stability.
More about Next plc
YTD Price Performance: 23.14%
Average Trading Volume: 371,770
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.58B
See more insights into NXT stock on TipRanks’ Stock Analysis page.
