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Essentra Completes Share Buyback and Cancellation

Essentra Completes Share Buyback and Cancellation

Essentra (GB:ESNT) has released an update.

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Essentra plc has confirmed the buyback of 11,500 of its ordinary shares at a uniform price of 174 pence per share, intending to cancel them as part of a buyback program announced earlier this year. This action will result in a reduction of the available shares to 287,763,244, excluding treasury-held shares, and will affect shareholder voting rights calculations. The shares were purchased through the broker Peel Hunt LLP as part of Essentra’s ongoing efforts to manage its share capital.

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