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Essentra Continues Share Buyback With Further Share Purchases and Cancellations

Story Highlights
  • Essentra repurchased 11,500 ordinary shares at 94.7 pence each under its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing shares in issue and updating Essentra’s total voting rights base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Essentra Continues Share Buyback With Further Share Purchases and Cancellations

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

Essentra plc has continued executing its share buyback programme, originally announced in March 2023, by repurchasing 11,500 ordinary shares at a price of 94.7 pence per share on 12 January 2026 through broker Peel Hunt. The company intends to cancel the repurchased shares, which will reduce the number of shares in issue to 285,045,744 (excluding treasury shares) and reset the total voting rights figure used by investors to monitor and report changes in their holdings, underlining Essentra’s ongoing efforts to manage its capital structure and return value to shareholders.

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 shares trade on the London Stock Exchange, with an issued share capital comprised of ordinary shares of 25 pence each that confer voting rights to shareholders under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Average Trading Volume: 731,137

Technical Sentiment Signal: Strong Sell

Current Market Cap: £270.8M

For a thorough assessment of ESNT stock, go to TipRanks’ Stock Analysis page.

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