Next plc ( (GB:NXT) ) has shared an update.
Next plc has executed a share buyback program, purchasing 11,244 of its ordinary shares for cancellation at an average price of 9771.5023 pence per share. This move is part of a previously announced program aimed at reducing the company’s share capital, potentially increasing shareholder value and improving earnings per share. The transaction was facilitated by UBS AG London Branch, and following this purchase, the company’s registered share capital now consists of 123,220,810 shares, all with equal voting rights.
More about Next plc
Next plc is a prominent UK-based retailer known for its clothing, footwear, and home products. The company operates in the retail industry, focusing on providing stylish and affordable fashion items to a broad market segment.
YTD Price Performance: 3.07%
Average Trading Volume: 353,554
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £11.51B
For a thorough assessment of NXT stock, go to TipRanks’ Stock Analysis page.