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Essentra Executes Share Buyback to Optimize Shareholder Value
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Essentra Executes Share Buyback to Optimize Shareholder Value

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

Essentra plc announced the repurchase of 11,500 ordinary shares as part of its ongoing buyback program initiated in March 2023. The shares were bought at a consistent price of 140 pence each and will be cancelled upon settlement, reducing the total voting rights to 286,774,744 shares. This repurchase aligns with Essentra’s strategic financial management aimed at optimizing shareholder value.

More about Essentra

YTD Price Performance: -15.26%

Average Trading Volume: 705,923

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £403.2M

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

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