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Next Continues Buyback, Cancels Nearly 99,000 Shares to Cut Share Count

Story Highlights
  • Next bought back 98,946 shares for cancellation at 12,800p, continuing its non-discretionary repurchase programme.
  • The buyback trims Next’s share capital to 121.9 million shares, potentially boosting EPS and affecting FCA disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Next Continues Buyback, Cancels Nearly 99,000 Shares to Cut Share Count

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Next plc ( (GB:NXT) ) has shared an update.

Next plc has continued its share buyback activity, repurchasing 98,946 ordinary shares for cancellation on 9 March 2026 at a volume-weighted average price of 12,800p, under an existing, irrevocable non-discretionary programme. The move, executed through UBS on multiple trading venues, marginally reduces the company’s share count to 121,866,619, tightening the free float and potentially enhancing earnings per share, while requiring investors to reassess any disclosure thresholds under FCA transparency rules.

The most recent analyst rating on (GB:NXT) stock is a Buy with a £16000.00 price target. To see the full list of analyst forecasts on Next plc stock, see the GB:NXT Stock Forecast page.

Spark’s Take on GB:NXT Stock

According to Spark, TipRanks’ AI Analyst, GB:NXT is a Outperform.

Next plc’s strong financial performance and positive technical indicators are the primary drivers of its stock score. While the valuation is fair, recent corporate events provide a mixed impact, with positive actions like share acquisitions and land sales being offset by significant executive share sales.

To see Spark’s full report on GB:NXT stock, click here.

More about Next plc

Next plc is a U.K.-based clothing, footwear and homewares retailer, operating a large store estate alongside a substantial online and catalogue business. It targets mid- to upper-middle–income consumers and is a mainstay of the British high street, with its shares listed on the London Stock Exchange and widely held by institutional and retail investors.

Average Trading Volume: 505,469

Technical Sentiment Signal: Buy

Current Market Cap: £15.07B

For a thorough assessment of NXT stock, go to TipRanks’ Stock Analysis page.

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