Essity Initiates Significant Share Buyback Program

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

Essity announced the repurchase of 268,866 Class B shares as part of its SEK 3 billion buyback program, which will run until the 2026 Annual General Meeting. The buyback is financed through cash flow from current operations and aims to make share repurchases a recurring element of Essity’s capital allocation strategy, potentially impacting shareholder value and market perception.

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 to a billion people daily across approximately 150 countries. The company operates under renowned brands such as TENA and Tork, with its headquarters in Stockholm, Sweden, and is listed on Nasdaq Stockholm.

YTD Price Performance: -3.72%

Average Trading Volume: 1,714,327

Current Market Cap: SEK191.7B

For detailed information about ESSITY.B stock, go to TipRanks’ Stock Analysis page.