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Nexteq PLC Adjusts Share Capital with Treasury Purchase

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Nexteq PLC Adjusts Share Capital with Treasury Purchase

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An announcement from Quixant ( (GB:NXQ) ) is now available.

Nexteq PLC has announced the purchase of 14,000 of its own ordinary shares at a price of 69.50 pence per share, with the intention of holding these shares in treasury. This transaction adjusts the company’s total voting rights to 60,290,662, which is crucial for shareholders to determine notification requirements under the FCA’s rules. The move highlights Nexteq’s ongoing management of its share capital and its potential implications for shareholder engagement and interest notifications.

More about Quixant

YTD Price Performance: 10.87%

Average Trading Volume: 114,241

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £42.48M

Find detailed analytics on NXQ stock on TipRanks’ Stock Analysis page.

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