Next plc (GB:NXT) has released an update.
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Next plc has announced the on-market purchase of 8,189 of its own ordinary shares for cancellation, at prices ranging from 9952p to 10,000p per share. The buyback was executed through UBS AG London Branch and post-purchase, the company’s remaining share capital totals 125,823,822 shares. This buyback is part of a pre-announced share repurchase program aimed at reducing the number of shares outstanding.
For further insights into GB:NXT stock, check out TipRanks’ Stock Analysis page.