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Essentra Announces Share Buyback and Cancellation

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Essentra Announces Share Buyback and Cancellation

An announcement from Essentra ( (GB:ESNT) ) is now available.

Essentra plc announced the purchase of 11,500 of its ordinary shares as part of a buyback program initiated in March 2023. The company plans to cancel these shares, adjusting the total number of voting rights to 286,349,244, which will impact shareholder calculations under the Financial Conduct Authority’s rules.

More about Essentra

Essentra plc operates in the manufacturing industry, focusing on producing essential components and solutions for various sectors. The company is known for its range of products, including plastic and fiber components, and has a significant market presence in providing innovative solutions to industrial and consumer markets.

YTD Price Performance: -18.20%

Average Trading Volume: 1,233,796

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £331M

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

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