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Next plc ( (GB:NXT) ) has issued an update.
Next plc, a leading UK-based retailer, has announced the purchase and cancellation of 43,355 of its own shares. The buyback was executed at an average price of 9,215.0291 pence per share, with the highest price reaching 9,282 pence and the lowest at 9,082 pence. This move reduces the company’s share capital, potentially enhancing shareholder value by increasing earnings per share. The transaction was conducted through UBS AG London Branch, and the remaining registered share capital now stands at 123,734,889 shares, with all having equal voting rights.
More about Next plc
YTD Price Performance: -4.95%
Average Trading Volume: 384,632
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £10.62B
For a thorough assessment of NXT stock, go to TipRanks’ Stock Analysis page.
