Enquest (GB:ENQ) has released an update.
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EnQuest PLC has announced the purchase of 398,142 of its ordinary shares across several trading venues, as part of a repurchase program with Merrill Lynch. This move is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation and retaining some in Treasury for future use. The company has been active in share repurchases since April, with over 40 million shares acquired to date.
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