Essentra ( (GB:ESNT) ) has shared an update.
Essentra plc has executed a share buyback transaction, purchasing 11,500 of its ordinary shares at a price of 118 GBp each, as part of its ongoing buyback program. The company plans to cancel these shares, which will adjust the total number of voting rights to 286,360,744. This move is part of Essentra’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Essentra
Essentra plc operates in the manufacturing industry, specializing in the production and distribution of essential components and solutions. The company focuses on providing a wide range of products, including plastic and fiber components, to various sectors such as automotive, electronics, and healthcare.
YTD Price Performance: -11.73%
Average Trading Volume: 1,193,314
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £339.1M
For an in-depth examination of ESNT stock, go to TipRanks’ Stock Analysis page.