Enquest (GB:ENQ) has released an update.
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EnQuest PLC has repurchased over 50 million of its ordinary shares since April 2024, with a recent purchase of 564,923 shares through various trading venues, aiming to optimize its capital structure. The latest transaction reflects a strategy to retain 25 million shares in Treasury and cancel the remainder, reducing the total number of shares in circulation to strengthen shareholder value.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.
