Essentra (GB:ESNT) has released an update.
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Essentra plc has executed a buyback of 11,500 of its ordinary shares at a price of 149.6 GBp each, as part of its ongoing buyback programme. The company plans to cancel these shares, reducing its total share count to 286,878,244, which will impact the voting rights calculation for shareholders. This move is seen as part of Essentra’s strategy to manage its share capital effectively and potentially enhance shareholder value.
For further insights into GB:ESNT stock, check out TipRanks’ Stock Analysis page.
