Essity Cancels Over 11 Million Shares, Adjusts Capital and Voting Structure

Essity AB ( ($SE:ESSITY.B) ) has issued an announcement.

Essity has reduced its share capital by cancelling 11,109,318 of its previously repurchased series B shares, following authorization granted at the company’s Annual General Meeting on March 26, 2026. After the cancellation, Essity has a total of 681,945,171 shares outstanding, split between 57,200,658 Class A shares and 624,744,513 Class B shares, corresponding to 1,196,751,093 votes, a change that adjusts the capital and voting structure and may influence ownership concentration and future capital management decisions.

The revised voting rights allocation leaves Class A shares with 572,006,580 votes and Class B shares with 624,744,513 votes, reinforcing the higher voting power attached to Class A stock. The move aligns with Essity’s broader capital allocation strategies commonly used by listed companies to optimize balance sheets and potentially enhance shareholder value by reducing the number of outstanding shares and slightly increasing remaining investors’ relative stakes.

The most recent analyst rating on ($SE:ESSITY.B) stock is a Hold with a SEK265.00 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 hygiene and health company whose products, solutions and services are used daily by around one billion people worldwide. It sells in roughly 150 countries under leading brands including TENA, Tork, Actimove, JOBST, Libero, Libresse, Lotus, Tempo and others, generated about SEK 138bn in net sales in 2025, employs 36,000 staff and is headquartered in Stockholm, where its shares trade on Nasdaq Stockholm.

Average Trading Volume: 1,561,038

Technical Sentiment Signal: Sell

Current Market Cap: SEK167.3B

Learn more about ESSITY.B stock on TipRanks’ Stock Analysis page.