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Enquest ( (GB:ENQ) ) has shared an announcement.
EnQuest PLC, an oil and gas company, has been engaging in share buyback activities as part of its capital management strategy. On 17 December 2024, EnQuest executed the purchase of 197,210 ordinary shares across various trading platforms, with the aim of repurchasing and cancelling a total of 53,787,616 shares since April 2024. This strategy is expected to streamline the company’s share capital, with 25 million shares retained in the treasury for future issuance to the employee benefit trust.
More about Enquest
YTD Price Performance: -29.18%
Average Trading Volume: 2,838,058
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £198M
Find detailed analytics on ENQ stock on TipRanks’ Stock Analysis page.