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An announcement from Essentra ( (GB:ESNT) ) is now available.
Essentra plc, a company involved in the buyback program, has recently repurchased 11,500 of its ordinary shares at a consistent price of 123 pence per share. This action is part of a previously announced buyback program, and the company plans to cancel these shares, adjusting the total number of voting rights to 286,648,244. This buyback and cancellation reflect Essentra’s strategy to manage its share capital and potentially increase shareholder value by reducing the number of shares outstanding.
More about Essentra
YTD Price Performance: -8.42%
Average Trading Volume: 513,300
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £336M
See more data about ESNT stock on TipRanks’ Stock Analysis page.
