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Essity AB ( ($SE:ESSITY.B) ) has provided an update.
Essity announced the repurchase of 293,620 Class B shares as part of its SEK 3 billion buyback program, which runs until the 2026 Annual General Meeting. This initiative, financed through cash flow from operations, aims to enhance shareholder value and is conducted in compliance with EU regulations, reflecting Essity’s strategic capital allocation approach.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Sell with a SEK225.00 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 daily by a billion people worldwide. Operating in approximately 150 countries, Essity’s portfolio includes leading global brands such as TENA and Tork, alongside other strong brands like Actimove, Cutimed, and JOBST. With headquarters in Stockholm, Sweden, the company is listed on Nasdaq Stockholm and reported net sales of approximately SEK 146 billion in 2024, employing 36,000 people.
YTD Price Performance: -15.38%
Average Trading Volume: 1,241,085
Technical Sentiment Signal: Sell
Current Market Cap: SEK167.5B
See more insights into ESSITY.B stock on TipRanks’ Stock Analysis page.