Next plc ( (GB:NXT) ) has issued an announcement.
Next plc has executed a share buyback program, purchasing 11,291 of its ordinary shares for cancellation at an average price of 9729.7224 pence per share. This move is part of a previously announced plan to reduce share capital, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about Next plc
Next plc operates in the retail industry, primarily focusing on clothing, footwear, and home products. The company is known for its strong market presence in the UK and has a significant online retail operation.
YTD Price Performance: 3.45%
Average Trading Volume: 366,300
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £11.51B
Learn more about NXT stock on TipRanks’ Stock Analysis page.