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Essity AB ( ($SE:ESSITY.B) ) just unveiled an announcement.
Essity has repurchased 274,102 Class B shares as part of its SEK 3bn buyback program, which aims to enhance capital allocation through recurring share buybacks. This initiative, financed by cash flow from current operations, reflects Essity’s strategic focus on optimizing shareholder value and adhering to EU regulations.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Hold with a SEK255.00 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 prominent brands such as TENA and Tork. Headquartered in Stockholm, Sweden, Essity is listed on Nasdaq Stockholm and reported net sales of approximately SEK 146bn in 2024.
YTD Price Performance: -12.32%
Average Trading Volume: 1,268,723
Technical Sentiment Signal: Sell
Current Market Cap: SEK173.5B
See more data about ESSITY.B stock on TipRanks’ Stock Analysis page.