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The latest update is out from Essity AB ( ($SE:ESSITY.B) ).
Essity announced the repurchase of 376,116 Class B shares as part of its SEK 3 billion buyback program, which aims to enhance capital allocation through recurring share buybacks. This initiative, financed by cash flow from operations, underscores Essity’s strategic commitment to shareholder value and compliance with EU regulations.
The most recent analyst rating on ($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, providing products, solutions, and services used by a billion people daily across 150 countries. The company operates under renowned brands like TENA and Tork, among others, and is headquartered in Stockholm, Sweden, with a listing on Nasdaq Stockholm.
YTD Price Performance: -13.81%
Average Trading Volume: 1,347,224
Technical Sentiment Signal: Sell
Current Market Cap: SEK170.7B
See more data about ESSITY.B stock on TipRanks’ Stock Analysis page.