Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

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

Essentra plc has repurchased 11,500 of its 25p ordinary shares on 21 January 2026 at a price of 104 pence per share through broker Peel Hunt LLP, as part of its ongoing share buyback programme initiated in March 2023. The company intends to cancel these shares, which will reduce the number of ordinary shares in issue to 285,022,744 (excluding treasury shares) and set this figure as the new total voting rights, providing an updated denominator for shareholders when assessing disclosure obligations and potentially signalling continued active capital management to the market.

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 shareholder base governed by the Financial Conduct Authority’s Disclosure and Transparency Rules. The group has an established share buyback programme as part of its broader capital management strategy, which includes purchasing and cancelling its own shares to manage its capital structure and voting rights in issue.

Average Trading Volume: 962,597

Technical Sentiment Signal: Sell

Current Market Cap: £298.6M

Learn more about ESNT stock on TipRanks’ Stock Analysis page.