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EnQuest Advances Share Buyback Program

EnQuest Advances Share Buyback Program

Enquest (GB:ENQ) has released an update.

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EnQuest PLC has actively executed its share repurchase program, buying back 494,503 shares at an average price of 12.09 GBp on September 3, 2024, through Merrill Lynch International. Since April 29, 2024, the company has acquired a total of 27,741,865 shares, with the majority destined for its Employee Benefit Trust and the remainder being cancelled, affecting the total voting rights in the company. The transaction underscores EnQuest’s ongoing capital return efforts to its shareholders.

For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.

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