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Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

Story Highlights
  • Essentra repurchased 11,500 ordinary shares at 97.9p under its 2023 buyback programme.
  • The company will cancel these shares, reducing shares in issue and adjusting total voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

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

Essentra plc has repurchased 11,500 of its 25 pence ordinary shares on 22 December 2025 at a price of 97.9 pence per share via broker Peel Hunt LLP under its ongoing buyback programme first announced in March 2023. The company intends to cancel these shares, which will reduce the number of shares in issue to 285,137,744 (excluding treasury shares) and set the new total of voting rights for regulatory disclosure thresholds, marginally consolidating existing shareholders’ relative ownership and voting power.

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 ordinary shares trade on the London Stock Exchange, with a share structure that includes both issued share capital and shares held in treasury, and it is subject to the Financial Conduct Authority’s Disclosure and Transparency Rules.

Average Trading Volume: 717,949

Technical Sentiment Signal: Strong Sell

Current Market Cap: £279.4M

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

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