Essentra (GB:ESNT) has released an update.
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Essentra plc has repurchased 11,500 of its ordinary shares at a consistent price of 150 GBp each as part of its ongoing buyback program. The company plans to cancel these shares, reducing the total number of shares in circulation and potentially increasing shareholder value. This move is part of Essentra’s strategic efforts to manage its share capital and enhance shareholder returns.
For further insights into GB:ESNT stock, check out TipRanks’ Stock Analysis page.