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Enquest ( (GB:ENQ) ) has provided an announcement.
EnQuest PLC has announced a recent purchase of its ordinary shares as part of its ongoing share repurchase program. On December 11, 2024, EnQuest bought 80,392 ordinary shares at an average price of 10.83 GBp, with a portion of these shares being retained in treasury for future issuance. This move is part of a larger strategy that began on April 29, 2024, through which the company has repurchased over 53 million shares. These actions impact the company’s share capital and voting rights, with implications for shareholders’ interest calculations under regulatory transparency rules.
More about Enquest
EnQuest PLC operates in the energy sector, primarily focusing on the development and production of oil and gas assets. The company is involved in maximizing the value of maturing assets and exploiting undeveloped oil fields, with a market focus on the North Sea and Malaysia.
YTD Price Performance: -28.91%
Average Trading Volume: 2,906,853
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £198.8M
For an in-depth examination of ENQ stock, go to TipRanks’ Stock Analysis page.
