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Next plc Executes Share Buyback Program to Enhance Shareholder Value
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Next plc Executes Share Buyback Program to Enhance Shareholder Value

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The latest announcement is out from Next plc ( (GB:NXT) ).

Next plc has executed a share buyback program, purchasing 17,030 of its ordinary shares for cancellation at an average price of 9,794.1264 pence per share. This action, facilitated by UBS AG London Branch, aims to reduce the total number of shares, potentially enhancing shareholder value. The company’s registered share capital now consists of 124,723,483 shares, which may affect shareholder notification requirements under FCA rules.

More about Next plc

Next plc is a prominent company in the retail industry, focusing on fashion and home products. It operates primarily in the UK and has a strong market presence through both its physical stores and online platform.

YTD Price Performance: 23.47%

Average Trading Volume: 346,756

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £11.62B

See more data about NXT stock on TipRanks’ Stock Analysis page.

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