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Next Plc Cancels 124,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Next plc repurchased and cancelled 124,000 ordinary shares on 20 March 2026.
  • The buyback cuts issued share capital to 121.15 million, affecting EPS and disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Next Plc Cancels 124,000 Shares in Ongoing Buyback Programme

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Next plc ( (GB:NXT) ) has provided an announcement.

Next plc has continued its share buyback activity, purchasing 124,000 ordinary shares on 20 March 2026 under an existing non-discretionary programme, at a volume-weighted average price of 12,183p per share. The shares, bought via UBS across multiple trading venues and cancelled, reduce the company’s issued share capital to 121,149,769 shares, potentially enhancing earnings per share and requiring investors to reassess disclosure thresholds under UK transparency rules.

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 NXT Stock

According to Spark, TipRanks’ AI Analyst, 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 NXT stock, click here.

More about Next plc

Next plc is a UK-based retailer specialising in clothing, footwear, accessories, and homeware, operating through a broad store estate and a substantial online platform. The company is a constituent of the London Stock Exchange, with a large institutional shareholder base that closely tracks changes in its issued share capital.

Average Trading Volume: 496,707

Technical Sentiment Signal: Buy

Current Market Cap: £14.05B

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

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