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Essentra plc Announces Share Buyback Execution

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Essentra plc Announces Share Buyback Execution

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

Essentra plc, a company involved in a share buyback program, announced the purchase of 11,500 of its ordinary shares at a consistent price of 124.00 GBp per share from Peel Hunt LLP. As part of the buyback initiative launched in March 2023, the company intends to cancel these shares, resulting in a total of 286,487,244 shares in issue. This corporate action is designed to adjust the company’s share capital structure and impacts the voting rights within the organization, as shareholders can calculate their interests in compliance with regulatory rules.

More about Essentra

YTD Price Performance: -6.77%

Average Trading Volume: 615,160

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £355.3M

For detailed information about ESNT stock, go to TipRanks’ Stock Analysis page.

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