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The latest announcement is out from Essity AB ( ($SE:ESSITY.B) ).
Essity has repurchased 387,564 Class B shares as part of its SEK 3bn buyback program, which is set to run until the 2026 Annual General Meeting. This initiative, funded by cash flow from operations, is intended to be a recurring element of Essity’s capital allocation strategy, potentially enhancing shareholder value and market positioning.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK287.00 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 sector, providing products, solutions, and services used by a billion people worldwide. With operations in approximately 150 countries, Essity’s portfolio includes renowned brands such as TENA, Tork, Actimove, and Libresse. Headquartered in Stockholm, Sweden, the company is listed on Nasdaq Stockholm and reported net sales of approximately SEK 146bn in 2024, employing 36,000 people.
YTD Price Performance: -10.30%
Average Trading Volume: 1,313,286
Technical Sentiment Signal: Hold
Current Market Cap: SEK177.5B
For a thorough assessment of ESSITY.B stock, go to TipRanks’ Stock Analysis page.