Enquest (GB:ENQ) has released an update.
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EnQuest PLC has repurchased over 51 million of its own shares since April, with 703,219 shares bought back just on December 3, 2024. This move, conducted through Merrill Lynch, reflects a strategy to manage share capital, with a portion of shares retained for the Employee Benefit Trust and the rest canceled. Investors should note the updated total voting rights post-cancellation, which now stands at approximately 1.86 billion shares.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.
