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Next plc Announces Share Buyback and Capital Reduction

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Next plc Announces Share Buyback and Capital Reduction

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

Next plc, a prominent player in the retail industry, announced the repurchase of 36,317 of its ordinary shares, each valued at 10p, for cancellation at an average price of 11,000.8928 pence per share. This move, facilitated by UBS AG London Branch, reduces the company’s share capital to 123,151,965 shares, potentially impacting shareholder interest notifications under FCA regulations.

More about Next plc

YTD Price Performance: 16.18%

Average Trading Volume: 379,393

Technical Sentiment Signal: Sell

Current Market Cap: £12.91B

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

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