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Essentra Cancels Newly Repurchased Shares as Buyback Programme Continues

Story Highlights
  • Essentra repurchased 11,500 shares at 97p each under its ongoing buyback programme.
  • The company will cancel these shares, reducing its share count and updating total voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Essentra Cancels Newly Repurchased Shares as Buyback Programme Continues

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

Essentra plc has continued executing its share buyback programme, originally announced in March 2023, by repurchasing 11,500 ordinary shares on 29 December 2025 at a price of 97 pence per share through broker Peel Hunt. The company intends to cancel these shares, which will reduce the number of shares in issue to 285,114,744 (excluding treasury shares) and set the updated total voting rights figure for shareholders to use when assessing disclosure obligations under UK Financial Conduct Authority transparency rules, subtly tightening the share base and potentially enhancing earnings per share for remaining investors.

The most recent analyst rating on (GB:ESNT) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Essentra stock, see the GB:ESNT Stock Forecast page.

Spark’s Take on GB:ESNT Stock

According to Spark, TipRanks’ AI Analyst, GB:ESNT is a Neutral.

Essentra’s overall stock score is driven by mixed financial performance and technical indicators suggesting potential bearish momentum. The high valuation poses a risk, but the positive impact of the share buyback program supports shareholder value. The absence of recent earnings call data limits insights into management’s outlook.

To see Spark’s full report on GB:ESNT stock, click here.

More about Essentra

Essentra plc is a UK-listed company whose shares trade on the London Stock Exchange, with an issued share capital comprising ordinary shares of 25 pence each and a portion held in treasury, reflecting an active approach to managing its equity structure within UK regulatory and disclosure frameworks.

Average Trading Volume: 706,089

Technical Sentiment Signal: Strong Sell

Current Market Cap: £274M

See more data about ESNT stock on TipRanks’ Stock Analysis page.

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