Next plc (GB:NXT) has released an update.
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Next PLC has repurchased 16,810 of its ordinary shares at an average price of 9,923.2075 pence each, as part of its ongoing share buyback program. This move reduces the company’s total shares outstanding to 124,740,513, potentially impacting shareholder voting power and interest reporting. Investors may interpret this as a signal of confidence from the company in its own value.
For further insights into GB:NXT stock, check out TipRanks’ Stock Analysis page.