Essentra ( (GB:ESNT) ) just unveiled an announcement.
Essentra plc announced the purchase of 11,500 of its ordinary shares as part of its ongoing buyback programme. The shares were bought at a consistent price of 107.4 GBp per share and will be cancelled, reducing the total number of voting rights to 286,337,744. This move is part of Essentra’s strategy to manage its share capital and potentially enhance shareholder value.
More about Essentra
Essentra plc operates in the manufacturing industry, focusing on the production and distribution of essential components and solutions. The company is known for its diverse range of products, including plastic and fiber components, and serves various markets globally.
YTD Price Performance: -21.80%
Average Trading Volume: 1,456,888
Technical Sentiment Signal: Buy
Current Market Cap: £297.8M
For a thorough assessment of ESNT stock, go to TipRanks’ Stock Analysis page.