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Essentra Executes Share Buyback, Cancels Shares to Optimize Capital Structure
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Essentra Executes Share Buyback, Cancels Shares to Optimize Capital Structure

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Essentra ( (GB:ESNT) ) has issued an announcement.

Essentra plc, as part of its ongoing share buyback program announced on 29 March 2023, purchased 11,500 ordinary shares at a price of 120.20 GBp each on 10 January 2025. These shares were bought through Peel Hunt LLP and are scheduled for cancellation, which will adjust the total number of voting rights to 286,671,244. This transaction aligns with Essentra’s strategy of optimizing its capital structure and could impact shareholders’ voting calculations as per the Financial Conduct Authority’s rules.

More about Essentra

YTD Price Performance: -9.32%

Average Trading Volume: 495,193

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £345.7M

See more data about ESNT stock on TipRanks’ Stock Analysis page.

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