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The latest announcement is out from Essity AB ( ($SE:ESSITY.B) ).
Essity has repurchased 316,007 Class B shares as part of a SEK 3bn buyback program, which is set to continue until the 2026 Annual General Meeting. This initiative, funded by cash flow from operations, aims to make share buybacks a recurring element of Essity’s capital allocation strategy, potentially enhancing shareholder value.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a 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 the hygiene and health industry, providing products, solutions, and services used by a billion people daily. Operating in approximately 150 countries, Essity’s portfolio includes renowned brands like TENA, Tork, and others. The company, headquartered in Stockholm, Sweden, reported net sales of approximately SEK 146bn in 2024 and employs 36,000 people. Essity is publicly traded on Nasdaq Stockholm.
YTD Price Performance: -8.17%
Average Trading Volume: 1,632,001
Current Market Cap: SEK182.8B
See more data about ESSITY.B stock on TipRanks’ Stock Analysis page.