Next to return cash via B shares
NEXT (NXT) – Retail Price: £136.60 +0.1% P/E: 18.9x Market Cap: £15.9bn Yield: 4.2% In line with the firm’s long-standing commitment to return what it calls truly surplus cash to investors, Next is handing back £421 million in the form of a B share with a value of 360p. The company says it has spent … Continue reading Next to return cash via B shares
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