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An announcement from Essity AB ( ($SE:ESSITY.B) ) is now available.
Essity announced the conversion of 500,000 Class A shares to Class B shares, reducing the total number of votes in the company to 1,219,317,375. This conversion aligns with shareholder requests and is a standard procedure under Essity’s articles of association. The company currently has a total of 693,054,489 registered shares, with a majority being Class B shares. This conversion may impact voting dynamics within the company, reflecting shareholder preferences and potentially influencing future corporate decisions.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK285.00 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 industry, providing products, solutions, and services that are used daily by a billion people worldwide. The company operates in approximately 150 countries under well-known brands such as TENA, Tork, Actimove, and others. Essity reported net sales of approximately SEK 146 billion in 2024 and employs 36,000 people. Headquartered in Stockholm, Sweden, Essity is listed on Nasdaq Stockholm.
Average Trading Volume: 1,354,083
Technical Sentiment Signal: Hold
Current Market Cap: SEK175.8B
For detailed information about ESSITY.B stock, go to TipRanks’ Stock Analysis page.