Endeavour Mining Announces Share Buyback Transaction

Endeavour Mining ( (TSE:EDV) ) has issued an announcement.

Endeavour Mining plc announced the repurchase of 40,000 of its ordinary shares as part of its ongoing buy-back programme, with a volume-weighted average price of 1,770.58 GBp per share. The transaction, executed by Stifel Nicolaus Europe Limited, leaves the company with 243,450,497 ordinary shares in issue, impacting the voting rights denominator for shareholders according to the FCA’s disclosure rules. This move is part of Endeavour’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company is engaged in mining, exploration, and development projects within the Birimian Greenstone Belt. Endeavour Mining is committed to responsible mining and sustainable value delivery, and it is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: 19.45%

Average Trading Volume: 407,703

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.47B

See more data about EDV stock on TipRanks’ Stock Analysis page.