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Essentra ( (GB:ESNT) ) has provided an announcement.
Essentra plc, a company engaged in a buyback programme, announced the repurchase of 11,500 ordinary shares at a fixed price from Peel Hunt LLP. This transaction is part of Essentra’s strategy to reduce its share capital, enhancing shareholder value by canceling the repurchased shares, which will impact the total voting rights available to shareholders, aligning with regulatory requirements.
More about Essentra
YTD Price Performance: -10.53%
Average Trading Volume: 534,702
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £341.1M
For an in-depth examination of ESNT stock, go to TipRanks’ Stock Analysis page.
