Enquest (GB:ENQ) has released an update.
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.
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