Enquest (GB:ENQ) has released an update.
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EnQuest PLC announced a share buyback, acquiring over 302,000 shares at an average price of 12.42 GBp, as part of its ongoing repurchase program. This move aims to manage its capital structure effectively, with a significant portion of shares retained for future issuance and others canceled to reduce outstanding shares. Such strategic actions could impact shareholder value and voting rights in the company.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.
