Next Launches £0.36-Per-Share B Share Redemption to Return Capital

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

Next plc has confirmed the allotment and issue of 122,436,612 B Shares, matching the number of ordinary shares in issue at the record time, as part of its previously announced B Share Scheme. The retailer plans to redeem these B Shares on 16 January 2026 at 360 pence per share, with payments expected to reach shareholders by 28 January 2026; the B Shares will not be listed or traded, no certificates will be issued, and they will be cancelled upon redemption, underscoring that this is a targeted capital return mechanism rather than a new tradable class of equity.

The most recent analyst rating on (GB:NXT) stock is a Buy with a £15500.00 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 listed UK-based retailer, best known for its Next-branded clothing, footwear and homeware ranges sold through a nationwide store network and a significant online platform. The company targets mid-market consumers and is a constituent of the UK equity market, with a long track record of returning surplus capital to shareholders through buybacks, special dividends and structured capital return schemes.

Average Trading Volume: 416,134

Technical Sentiment Signal: Buy

Current Market Cap: £16.33B

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