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Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

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Essentra Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

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

Essentra plc has repurchased 11,500 of its 25 pence ordinary shares on 23 January 2026 at a price of 105.8p per share through 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 shares in issue to 285,011,244 (excluding treasury shares) and set this figure as the new total voting rights denominator for shareholders assessing disclosure obligations under UK Financial Conduct Authority rules, marginally tightening the company’s capital base and potentially enhancing value 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 ordinary shares trade on the London Stock Exchange. The company’s capital structure includes ordinary shares of 25 pence each, with a portion held in treasury and the remainder forming its free float and voting share capital for public shareholders.

Average Trading Volume: 998,953

Technical Sentiment Signal: Sell

Current Market Cap: £302.1M

See more insights into ESNT stock on TipRanks’ Stock Analysis page.

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