Next plc to Return £421m to Shareholders via B Share Scheme

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

Next plc has announced plans to return £421.28 million of surplus cash to shareholders through a B Share Scheme, equivalent to 360 pence per B share, in place of a special dividend. The board concluded that a B Share Scheme is the most effective method of capital return for both retail and institutional investors and allows the transaction to be completed within a defined timetable, subject to shareholder approval at a general meeting on 15 January 2026, after which B shares will be issued, redeemed and cancelled, with cash proceeds expected to be dispatched by 28 January 2026; the structure also accommodates shares held in the company’s employee trust, aligning staff-related holdings with ordinary shareholders while using those proceeds to reduce an internal loan.

The most recent analyst rating on (GB:NXT) stock is a Buy with a £15200.00 price target. To see the full list of analyst forecasts on Next plc stock, see the GB:NXT Stock Forecast page.

Spark’s Take on GB:NXT Stock

According to Spark, TipRanks’ AI Analyst, GB:NXT is a Outperform.

Next plc’s strong financial performance and positive technical indicators are the primary drivers of its stock score. While the valuation is fair, recent corporate events provide a mixed impact, with positive actions like share acquisitions and land sales being offset by significant executive share sales.

To see Spark’s full report on GB:NXT stock, click here.

More about Next plc

Next plc is a UK-based retail group best known for its clothing, footwear and homeware ranges, selling through a nationwide store network and a substantial online platform focused primarily on the UK market and selected international territories.

Average Trading Volume: 378,688

Technical Sentiment Signal: Buy

Current Market Cap: £15.59B

See more data about NXT stock on TipRanks’ Stock Analysis page.