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Enquest ( (GB:ENQ) ) just unveiled an announcement.
EnQuest PLC recently executed a share buyback program, purchasing 242,361 ordinary shares through Merrill Lynch International across various trading venues, with an average price of 11.12 GBp. This buyback is part of a larger strategy initiated in April 2024, through which EnQuest has repurchased over 54 million shares. Of these, 25 million are retained in treasury for future issuance, while the rest are canceled. This move adjusts the company’s total voting rights, potentially impacting shareholder calculations under regulatory guidelines.
More about Enquest
YTD Price Performance: -26.13%
Average Trading Volume: 2,853,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £206.5M
See more insights into ENQ stock on TipRanks’ Stock Analysis page.
