Essentra plc (GB:ESNT) has released an update.
Essentra plc has announced the repurchase of 11,500 of its own ordinary shares at a volume-weighted average price of 170.8000 GBp per share on April 25, 2024, as part of their ongoing buyback program. The company plans to cancel these shares, which will reduce the total number of voting rights and shares in issue, thereby potentially affecting shareholder percentages. This move is part of a strategic effort to manage the company’s capital structure.
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