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Essity Advances Share Buyback Program

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Essity Advances Share Buyback Program

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

Essity has repurchased 313,752 Class B shares as part of its SEK 3 billion buyback program, which runs until the 2026 Annual General Meeting. This initiative, financed through cash flow from operations, aims to make share buybacks a regular component of Essity’s capital allocation strategy, potentially enhancing shareholder value and market confidence.

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 hygiene and health, providing products, solutions, and services that are used by a billion people worldwide. Operating in approximately 150 countries, Essity’s portfolio includes prominent brands such as TENA, Tork, Actimove, and Libresse. The company, headquartered in Stockholm, Sweden, reported net sales of approximately SEK 146 billion in 2024 and employs 36,000 people. Essity is listed on Nasdaq Stockholm.

YTD Price Performance: -6.71%

Average Trading Volume: 1,566,495

Current Market Cap: SEK187.1B

For detailed information about ESSITY.B stock, go to TipRanks’ Stock Analysis page.

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