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Essity AB ( ($SE:ESSITY.B) ) has issued an announcement.
Essity has repurchased 345,581 Class B shares as part of its SEK 3bn buyback program, which is set to continue until the 2026 Annual General Meeting. This move, financed by cash flow from operations, aims to make share buybacks a recurring element of Essity’s capital allocation strategy, potentially enhancing shareholder value and market positioning.
The most recent analyst rating on ($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 and services used by a billion people daily across 150 countries. The company’s portfolio includes global brands like TENA and Tork, and it reported net sales of approximately SEK 146bn in 2024. Headquartered in Stockholm, Sweden, Essity is listed on Nasdaq Stockholm.
YTD Price Performance: -8.70%
Average Trading Volume: 1,478,002
Current Market Cap: SEK180.9B
For a thorough assessment of ESSITY.B stock, go to TipRanks’ Stock Analysis page.