Essentra (GB:ESNT) has released an update.
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Essentra plc has repurchased 50,000 of its shares at a price of 154 pence each as part of its ongoing buyback program, aiming to cancel these shares to adjust its share capital. This move will leave the company with a total of 287,243,244 shares in circulation, a figure that will be important for shareholders when calculating their voting rights. The buyback, executed through Peel Hunt LLP, is a strategic step to enhance shareholder value.
For further insights into GB:ESNT stock, check out TipRanks’ Stock Analysis page.
