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Nexteq Launches Up to GBP5 Million Buyback Program

MT Newswires·12/19/2025 05:19:15
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05:19 AM EST, 12/19/2025 (MT Newswires) -- Nexteq (NXQ.L) on Friday initiated a buyback program to purchase up to 10% of its issued share capital and return up to 5.4 million pounds sterling to its shareholders. The program is expected to expire at the end of the industrial technology services company's next annual general meeting, and the repurchased shares will be held in the treasury for the purpose of satisfying future obligations, according to a same-day filing. Nexteq tapped Cavendish Capital Markets to independently execute and manage the buyback transactions.