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Essity AB ( ($SE:ESSITY.B) ) just unveiled an announcement.
Essity has repurchased 204,612 Class B shares as part of its SEK 3bn buyback program, which is set to continue until the 2026 Annual General Meeting. This initiative, financed through cash flow from operations, aims to make share buybacks a recurring element of Essity’s capital allocation strategy, potentially enhancing shareholder value and market positioning.
The most recent analyst rating on ($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 the hygiene and health sector, providing products, solutions, and services used by a billion people daily. Operating in approximately 150 countries, Essity’s portfolio includes renowned brands like TENA, Tork, Actimove, and Libresse. Headquartered in Stockholm, Sweden, the company reported net sales of SEK 146bn in 2024 and employs 36,000 people.
YTD Price Performance: -4.52%
Average Trading Volume: 1,609,830
Current Market Cap: SEK190.1B
For an in-depth examination of ESSITY.B stock, go to TipRanks’ Stock Analysis page.