Next plc Executes Share Buyback Program

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

Next plc has announced a buyback of 16,978 ordinary shares, part of a purchase program initiated in July, at an average price of 9824.58 pence per share. The share buyback, executed through UBS AG London Branch, reduces Next’s total share capital to 124,889,960 shares, offering investors an opportunity to assess their holdings in light of disclosed transparency rules. This move could indicate confidence in the company’s financials, potentially impacting stock market perceptions.

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