Enquest (GB:ENQ) has released an update.
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EnQuest PLC has successfully repurchased 45.1 million of its ordinary shares as part of its ongoing buyback program, with a significant portion allocated for future issuance to its Employee Benefit Trust. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.