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The latest announcement is out from Essity AB ( ($SE:ESSITY.B) ).
Essity has announced the repurchase of 162,610 Class B shares as part of its SEK 3 billion buyback program, which is set to run until the 2026 Annual General Meeting. This initiative, financed through cash flow from operations, aims to make share buybacks a recurring component of Essity’s capital allocation strategy, potentially enhancing shareholder value and demonstrating financial stability.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Buy with a SEK292.00 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 over a billion people worldwide. The company operates in approximately 150 countries with well-known brands like TENA, Tork, Actimove, and others. Headquartered in Stockholm, Sweden, Essity is listed on Nasdaq Stockholm and reported net sales of approximately SEK 146 billion in 2024, employing 36,000 people.
YTD Price Performance: -9.18%
Average Trading Volume: 1,289,692
Technical Sentiment Signal: Buy
Current Market Cap: SEK179.8B
For an in-depth examination of ESSITY.B stock, go to TipRanks’ Overview page.