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Stocks•9 May 2026•

1 min read

Next plc Cancels 90,000 Ordinary Shares Following Strategic Buyback Execution

Key Facts

1Next plc repurchased and canceled 90,000 ordinary shares at a volume-weighted average price of 13,181.4413p.

Next plc has announced the repurchase and subsequent cancellation of 90,000 of its ordinary shares as part of its ongoing capital management strategy. The transaction was executed through UBS AG London Branch at a volume-weighted average price of 13,181.4413p per share. This move is designed to reduce the company's registered share capital, thereby supporting an increase in earnings per share (EPS) over time. Such buybacks signal management's confidence in the company's underlying equity value and financial health. While the volume is considered routine for a large-cap entity, it remains a positive indicator for shareholder returns. Next plc continues to utilize share cancellations to optimize its balance sheet and deliver long-term value to investors.

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