Enquest (GB:ENQ) has released an update.
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EnQuest PLC has repurchased 392,169 of its ordinary shares as part of a share buyback program, leading to a total acquisition of over 52 million shares since April 2024. This strategic move enhances shareholder value by reducing the number of shares in circulation, impacting total voting rights. With a focus on optimizing its capital structure, EnQuest continues to engage in share buybacks to bolster investor confidence.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.
