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Essentra ( (GB:ESNT) ) has issued an announcement.
Essentra plc announced the repurchase of 11,500 ordinary shares at a fixed price of 105 pence each as part of its ongoing buyback program. This transaction, executed through Peel Hunt LLP, aims to reduce the number of shares in circulation, potentially increasing shareholder value and adjusting the company’s capital structure.
More about Essentra
Essentra plc operates in the manufacturing industry, focusing on producing essential components and solutions for various sectors. The company is known for its range of products, including plastic and fiber components, and serves a diverse market, including automotive, electronics, and healthcare industries.
YTD Price Performance: -21.50%
Average Trading Volume: 1,448,429
Technical Sentiment Signal: Buy
Current Market Cap: £298.9M
Learn more about ESNT stock on TipRanks’ Stock Analysis page.