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Next plc ( (GB:NXT) ) just unveiled an update.
Next plc, a prominent entity in the retail industry, has executed a share buyback program purchasing 40,000 of its ordinary shares for cancellation at an average price of approximately 9843.51 pence per share. This strategic move, facilitated through UBS AG London Branch, reduces the total share count to 124,633,430 and reflects the company’s ongoing efforts to manage capital efficiently, potentially enhancing shareholder value and influencing market perceptions.
More about Next plc
YTD Price Performance: 23.14%
Average Trading Volume: 371,770
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.58B
Learn more about NXT stock on TipRanks’ Stock Analysis page.
