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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.