tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Essity Advances SEK 3bn Share Buyback Program With New Class B Repurchases

Story Highlights
  • Essity repurchased 170,916 Class B shares for SEK 43.8m under its ongoing SEK 3bn buyback program.
  • The buybacks, funded by operating cash flow, raise treasury holdings and signal a long-term capital return strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Essity Advances SEK 3bn Share Buyback Program With New Class B Repurchases

Claim 50% Off TipRanks Premium

Essity AB ( ($SE:ESSITY.B) ) has issued an announcement.

Essity has continued executing its SEK 3bn share buyback program, repurchasing 170,916 Class B shares on Nasdaq Stockholm between January 26 and 30, 2026, for a total of about SEK 43.8m at an average price of SEK 256.41 per share. The purchases, carried out by BofA Securities Europe on Essity’s behalf and financed with cash flow from ongoing operations after the ordinary dividend, lift the company’s treasury stock to 11,039,781 Class B shares out of 693,054,489 total shares, underscoring Essity’s intention to make buybacks a recurring component of its capital allocation strategy and potentially enhancing shareholder value by reducing the free float over time.

The most recent analyst rating on ($SE:ESSITY.B) stock is a Hold with a SEK274.00 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 leading hygiene and health company headquartered in Stockholm, Sweden, whose products, solutions and services are used daily by about a billion people in some 150 countries. It focuses on branded incontinence, tissue, feminine care and related hygiene products sold under global brands such as TENA and Tork, and other strong regional brands, generating net sales of about SEK 138bn with 36,000 employees and a listing on Nasdaq Stockholm.

YTD Price Performance: -0.75%

Average Trading Volume: 1,389,764

Technical Sentiment Signal: Buy

Current Market Cap: SEK181.4B

For an in-depth examination of ESSITY.B stock, go to TipRanks’ Overview 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