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Essity AB ( ($SE:ESSITY.B) ) has issued an announcement.
Essity has repurchased 390,489 Class B shares as part of its SEK 3 billion buyback program, which will continue until the 2026 Annual General Meeting. This initiative, funded by cash flow from operations, aims to integrate share buybacks as a regular component of Essity’s capital allocation strategy, potentially enhancing shareholder value.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK270.00 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 that reach a billion people daily across approximately 150 countries. The company operates under prominent brands such as TENA and Tork, with headquarters in Stockholm, Sweden, and is listed on Nasdaq Stockholm.
YTD Price Performance: -11.13%
Average Trading Volume: 1,317,935
Technical Sentiment Signal: Sell
Current Market Cap: SEK176B
For an in-depth examination of ESSITY.B stock, go to TipRanks’ Overview page.