Essentra Boosts Shareholder Value with Share Buyback

Essentra (GB:ESNT) has released an update.

Essentra has successfully repurchased 11,500 of its ordinary shares at a consistent price of 154 GBp per share from Peel Hunt LLP as part of its ongoing buyback program. The company plans to cancel these shares, reducing the total number of shares in circulation to 286,958,744, thereby potentially enhancing shareholder value. This move aligns with Essentra’s strategy to manage its share capital effectively.

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