Essentra (GB:ESNT) has released an update.
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Essentra plc has executed a buyback of 50,000 of its ordinary shares through Peel Hunt LLP at a consistent price of 152 pence per share. This move is part of Essentra’s ongoing buyback program, initially announced in March 2023, and aims to cancel the repurchased shares, affecting the total number of voting rights available. The transaction reflects the company’s strategy to optimize its capital structure and deliver value to its shareholders.
For further insights into GB:ESNT stock, check out TipRanks’ Stock Analysis page.
