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An announcement from Essity AB ( ($SE:ESSITY.B) ) is now available.
Essity has repurchased 416,394 Class B shares as part of its ongoing SEK 3bn buyback program, which aims to utilize cash flow from operations to enhance capital allocation. This strategic move, in line with EU regulations, is expected to influence Essity’s market position and shareholder value positively.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK285.00 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 and services that reach a billion people daily. Operating in approximately 150 countries, Essity’s portfolio includes prominent brands like TENA, Tork, and others. Headquartered in Stockholm, Sweden, the company reported net sales of approximately SEK 146bn in 2024 and employs 36,000 people.
YTD Price Performance: -11.03%
Average Trading Volume: 1,334,975
Technical Sentiment Signal: Sell
Current Market Cap: SEK176.1B
See more insights into ESSITY.B stock on TipRanks’ Stock Analysis page.