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Essentra ( (GB:ESNT) ) has shared an announcement.
Essentra plc, a global supplier of essential components and solutions, announced the repurchase of 11,500 of its ordinary shares at a price of 122.8 GBp each, as part of its ongoing buyback programme. This transaction, executed through Peel Hunt LLP, will result in the cancellation of the purchased shares, reducing the total number of voting rights to 286,625,244, excluding treasury shares. This move is part of Essentra’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Essentra
YTD Price Performance: -7.22%
Average Trading Volume: 513,239
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £353.7M
See more data about ESNT stock on TipRanks’ Stock Analysis page.