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An announcement from Essity AB ( ($SE:ESSITY.B) ) is now available.
Essity has repurchased 380,062 Class B shares as part of its SEK 3bn buyback program, which aims to optimize capital allocation and is financed by cash flow from operations. The buyback, conducted on Nasdaq Stockholm, reflects Essity’s strategy to enhance shareholder value and manage its capital structure effectively.
The most recent analyst rating on ($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 products, serving a billion people daily with brands like TENA and Tork. Headquartered in Stockholm, Sweden, it operates in approximately 150 countries and is listed on Nasdaq Stockholm.
YTD Price Performance: -15.00%
Average Trading Volume: 1,375,139
Technical Sentiment Signal: Sell
Current Market Cap: SEK168.4B
Find detailed analytics on ESSITY.B stock on TipRanks’ Stock Analysis page.