Next plc Executes Share Buyback Program

Story Highlights
Next plc Executes Share Buyback Program

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

Next plc has executed a share buyback program, purchasing 11,023 of its ordinary shares for cancellation at an average price of 9,972.7873 pence per share. This move is part of a previously announced program and reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value.

More about Next plc

Next plc operates in the retail industry, focusing on clothing, footwear, and home products. The company is known for its strong market presence in the UK and has a significant online and physical store footprint.

YTD Price Performance: 5.92%

Average Trading Volume: 417,016

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £11.8B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App