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Essentra ( (GB:ESNT) ) just unveiled an announcement.
Essentra plc, a leading global provider in various industry sectors, has announced the repurchase of 11,500 of its ordinary shares at a price of 130.6000 pence per share as part of its ongoing buyback programme. This transaction, executed by Peel Hunt LLP, aims to cancel the purchased shares, reducing the total number of shares in issue to 286,705,744. This strategic move is anticipated to adjust the company’s share structure, potentially impacting shareholder voting rights and aligning with regulatory compliance under the Financial Conduct Authority’s Disclosure and Transparency Rules.
More about Essentra
YTD Price Performance: -1.95%
Average Trading Volume: 502,574
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £373.9M
Learn more about ESNT stock on TipRanks’ Stock Analysis page.