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Essity AB ( ($SE:ESSITY.B) ) has issued an announcement.
Essity has repurchased 243,717 Class B shares as part of its SEK 3 billion buyback program, which is set to continue until the 2026 Annual General Meeting. This initiative, financed through cash flow from operations, aims to make share buybacks a recurring element of Essity’s capital allocation strategy, potentially impacting shareholder value and market perception.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK279.00 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, offering products and services used by a billion people worldwide. The company operates in approximately 150 countries with renowned brands such as TENA, Tork, and others. Essity is headquartered in Stockholm, Sweden, and is listed on Nasdaq Stockholm.
YTD Price Performance: -12.00%
Average Trading Volume: 1,264,569
Technical Sentiment Signal: Sell
Current Market Cap: SEK174.1B
See more data about ESSITY.B stock on TipRanks’ Stock Analysis page.