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Enquest ( (GB:ENQ) ) has provided an update.
EnQuest PLC, a company involved in the oil and energy sector, announced the repurchase of its ordinary shares, executed via Merrill Lynch International. This buyback is part of an ongoing share repurchase program initiated earlier in the year. Specifically, on December 16, 2024, EnQuest purchased a total of 348,999 shares across several trading venues at an average price of 10.62 GBp. Since the program’s announcement in April 2024, EnQuest has acquired over 53 million shares, with a portion retained in Treasury for future issuance and others canceled. Following these transactions, EnQuest’s total shares in issue stand at approximately 1.887 billion, impacting voting rights and shareholder calculations under regulatory guidelines.
More about Enquest
YTD Price Performance: -29.31%
Average Trading Volume: 2,843,912
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £197.7M
See more insights into ENQ stock on TipRanks’ Stock Analysis page.
