Enquest (GB:ENQ) has released an update.
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EnQuest PLC has repurchased 268,912 of its ordinary shares across multiple trading venues, with the aim of managing its share capital structure. Since April 2024, the company has acquired over 40 million shares, allocating a portion for treasury and cancelling the rest to adjust its total voting rights. This strategic move reflects EnQuest’s efforts to enhance shareholder value and optimize its equity base.
For further insights into GB:ENQ stock, check out TipRanks’ Stock Analysis page.