Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback

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

Essentra plc has repurchased 11,500 of its 25 pence ordinary shares on 28 January 2026 at a price of 104.4 pence per share as part of the share buyback programme first announced in March 2023. The company intends to cancel these shares, which will reduce the number of shares in issue to 284,988,244 (excluding those held in treasury) and set the new total voting rights figure used by investors to assess and disclose their shareholdings under UK financial transparency rules, slightly tightening Essentra’s share capital base and potentially enhancing shareholder value.

The most recent analyst rating on (GB:ESNT) stock is a Buy with a £130.00 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, operating within the industrial and manufacturing sector and structured with ordinary shares of 25 pence each. The company is subject to UK listing, disclosure and transparency regulations and actively manages its capital structure, including through share buyback programmes conducted via brokers such as Peel Hunt.

Average Trading Volume: 1,005,019

Technical Sentiment Signal: Sell

Current Market Cap: £294.6M

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