Enquest (GB:ENQ) has released an update.
EnQuest PLC has announced the repurchase of 531,920 of its ordinary shares on August 30, 2024, through Merrill Lynch, as part of its ongoing share buyback program initiated in April. The company has now bought back over 27 million shares, with a majority allocated to the Employee Benefit Trust and the remainder canceled, affecting the total voting rights in the company. The financial details of these transactions, which are likely to have an impact on shareholder value and market perception, are available for interested parties.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.
