The latest update is out from Next plc ( (GB:NXT) ).
Next plc has announced the purchase of 11,256 of its ordinary shares for cancellation as part of a previously announced share buyback program. This move, executed through UBS AG London Branch, is part of the company’s strategy to manage its share capital and potentially enhance shareholder value. Following this transaction, the company’s registered share capital now consists of 123,254,516 shares, all with equal voting rights, which may impact shareholder notifications under regulatory guidelines.
More about Next plc
Next plc is a prominent UK-based retailer specializing in clothing, footwear, and home products. The company operates through a combination of retail stores and online platforms, catering to a broad market segment with a focus on fashion and lifestyle products.
YTD Price Performance: 0.91%
Average Trading Volume: 367,041
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.34B
For a thorough assessment of NXT stock, go to TipRanks’ Stock Analysis page.