Essity Announces SEK 3 Billion Share Buyback Program

Hygiene and health company Essity has announced a new share buyback program valued at SEK 3 billion, according to a company statement.

The program is authorized by the company’s board of directors and is intended to optimize Essity’s capital structure and create added value for shareholders. The repurchases will be carried out in accordance with applicable regulations and within the limits of the authorization granted by the annual general meeting.

Under the plan, Essity may repurchase its own Class B shares on the stock market over a specified period. The total purchases will not exceed SEK 3 billion in value. The company stated that the timing and volume of the buybacks will depend on market conditions and other factors.

Essity has previously implemented share repurchase programs as part of its broader financial strategy, which includes maintaining a strong balance sheet while returning capital to shareholders.

No further operational or financial changes were outlined in the announcement.