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The latest announcement is out from Enquest ( (GB:ENQ) ).
EnQuest PLC announced the repurchase of 54,069 of its ordinary shares on 13 December 2024, as part of its ongoing share buyback program initiated with Merrill Lynch International. This move, which includes the cancellation of over 28 million shares, aims to manage capital effectively, impacting the total voting rights and shares in circulation, thereby optimizing shareholder value.
More about Enquest
EnQuest PLC is a company operating in the oil and gas industry, focusing primarily on the production and development of hydrocarbons in the UK North Sea and Malaysia. It aims to optimize and enhance production through effective asset management and operational efficiency.
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.
