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Essentra Executes Share Buyback, Adjusts Voting Rights
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Essentra Executes Share Buyback, Adjusts Voting Rights

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Invest with Confidence:

Essentra ( (GB:ESNT) ) has provided an update.

Essentra plc, a global provider of essential components and solutions, recently executed a share buyback program by purchasing 11,500 of its own ordinary shares at a consistent price of 123.4000 GBp each from Peel Hunt LLP. This transaction is part of the company’s larger buyback initiative announced in March 2023. Following the cancellation of these shares, Essentra’s total number of voting rights will be adjusted to 286,636,744, a figure that stakeholders can use for regulatory compliance calculations. This strategic move could impact the company’s financial structure and 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

For a thorough assessment of ESNT stock, go to TipRanks’ Stock Analysis page.

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