EnQuest PLC Executes Strategic Share Buyback
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EnQuest PLC Executes Strategic Share Buyback

Enquest (GB:ENQ) has released an update.

EnQuest PLC recently announced a share repurchase, buying back 179,924 of its own ordinary shares on September 18, 2024, through Merrill Lynch International. Since April, the company has acquired over 32 million shares, costing nearly £4.4 million, with a portion retained for the Employee Benefit Trust and the rest cancelled. This buyback activity has resulted in just over 1.9 billion ordinary shares remaining in issue, affecting the company’s total voting rights.

For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.

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