Endeavour Mining Enhances Shareholder Value with Share Buyback

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

Endeavour Mining plc announced the repurchase of 65,000 of its ordinary shares as part of its ongoing buy-back program. The shares were acquired at prices ranging from 1,730.00 GBp to 1,737.00 GBp, with a volume-weighted average price of 1,735.19 GBp. Following the cancellation of these shares, the company will have 242,551,597 ordinary shares in issue, which will serve as the denominator for shareholder voting rights calculations. This transaction is part of Endeavour’s strategy to manage its capital structure and 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 has a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour is dedicated to responsible mining and sustainable value creation for its employees, stakeholders, and local communities. It is listed on both the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: 29.43%

Average Trading Volume: 464,060

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$7.97B

For an in-depth examination of EDV stock, go to TipRanks’ Stock Analysis page.