Enquest (GB:ENQ) has released an update.
EnQuest PLC has carried out a share repurchase on August 27, 2024, buying back 525,031 of its own shares through Merrill Lynch at an average price of 12.91 GBp per share. Since April 29, 2024, EnQuest has acquired over 25 million shares, with the majority allocated to the Employee Benefit Trust and a portion for cancellation, resulting in a revised total of 1,889,983,262 voting rights. This buy-back initiative reflects EnQuest’s ongoing efforts to manage its share capital effectively.
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