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Essentra Announces Share Buyback and Cancellation
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Essentra Announces Share Buyback and Cancellation

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Invest with Confidence:

Essentra ( (GB:ESNT) ) just unveiled an update.

Essentra plc announced the repurchase of 11,500 ordinary shares as part of its ongoing buyback programme. The shares were purchased at a price of 130 GBp each and will be cancelled, reducing the total number of shares in issue to 286,751,744. This action is in line with Essentra’s strategy to manage its capital structure and could potentially impact shareholder voting rights calculations under the Financial Conduct Authority’s Disclosure and Transparency Rules.

More about Essentra

YTD Price Performance: -21.41%

Average Trading Volume: 531,442

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £373.9M

For detailed information about ESNT stock, go to TipRanks’ Stock Analysis page.

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