An update from Essity AB ( ($SE:ESSITY.B) ) is now available.
Essity has initiated a share buyback program, repurchasing 102,990 Class B shares as part of a SEK 3 billion initiative. This program, which will continue until the 2026 Annual General Meeting, is financed through cash flow from current operations and aims to make share buybacks a recurring aspect of Essity’s capital allocation strategy.
More about Essity AB
Essity is a global leader in the hygiene and health sector, providing products, solutions, and services that are used by a billion people worldwide. With a presence in around 150 countries, Essity operates under well-known brands like TENA and Tork, among others. The company, headquartered in Stockholm, Sweden, reported net sales of approximately SEK 146 billion in 2024 and employs 36,000 people.
YTD Price Performance: 7.11%
Average Trading Volume: 765
Technical Sentiment Signal: Strong Sell
Current Market Cap: $19.33B
For detailed information about ESSITY.B stock, go to TipRanks’ Stock Analysis page.