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Next plc Purchases and Cancels Own Shares
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Next plc Purchases and Cancels Own Shares

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Invest with Confidence:

Next plc ( (GB:NXT) ) just unveiled an announcement.

Next plc has conducted a transaction involving the purchase and cancellation of 5,366 of its own shares at a price of 9,396.9150 pence per share. This move, facilitated by the company’s broker UBS AG London Branch, results in a revised share capital totaling 123,643,347 shares. The transaction impacts the company’s capital structure and may influence shareholder notifications under the FCA’s rules, highlighting Next plc’s strategic financial management efforts.

More about Next plc

Next plc operates in the retail industry, primarily focusing on selling clothing, footwear, and home products. It is a prominent player in the UK retail market, offering a wide range of fashion-oriented products across physical stores and online platforms.

YTD Price Performance: -1.52%

Average Trading Volume: 380,708

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.99B

For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.

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