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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) ) just unveiled an announcement.

Essentra plc has repurchased 11,500 of its 25 pence ordinary shares on 26 January 2026 at a price of 104.2 pence per share as part of its ongoing share buyback programme initiated in March 2023. The company plans to cancel these shares, reducing the number of ordinary shares in issue to 284,999,744 (excluding treasury shares), which will also become the new figure for total voting rights used by shareholders to assess disclosure obligations under UK transparency rules, marginally enhancing earnings per share and reflecting continued capital management activity that may be seen as supportive of shareholder value.

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; it is subject to the UK Financial Conduct Authority’s Disclosure and Transparency Rules and operates within the framework of EU-derived market abuse regulations now embedded in UK law.

Average Trading Volume: 1,006,274

Technical Sentiment Signal: Sell

Current Market Cap: £294.6M

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

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