tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Essity Advances SEK 3bn Share Buyback Program

Story Highlights
Essity Advances SEK 3bn Share Buyback Program

Elevate Your Investing Strategy:

The latest update is out from Essity AB ( ($SE:ESSITY.B) ).

Essity has repurchased 362,255 Class B shares as part of its SEK 3bn buyback program, which is set to continue until the 2026 Annual General Meeting. This move, financed through cash flow from current operations, is aligned with Essity’s strategy to make share buybacks a recurring element of its capital allocation, potentially impacting shareholder value and market perception.

The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK360.00 price target. To see the full list of analyst forecasts on Essity AB stock, see the SE:ESSITY.B Stock Forecast page.

More about Essity AB

Essity is a global leader in the hygiene and health industry, providing products, solutions, and services used by a billion people worldwide. The company operates under well-known brands such as TENA and Tork, among others, and conducts sales in approximately 150 countries. With headquarters in Stockholm, Sweden, Essity is listed on Nasdaq Stockholm and reported net sales of approximately SEK 146bn in 2024, employing 36,000 people.

YTD Price Performance: -14.51%

Average Trading Volume: 1,502,557

Current Market Cap: SEK169.3B

See more data about ESSITY.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1