An update from Endeavour Mining ( (TSE:EDV) ) is now available.
Endeavour Mining plc has announced the repurchase of 115,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, is a strategic move to optimize the company’s capital structure and enhance shareholder value. Following the cancellation of these shares, Endeavour will have a total of 242,085,483 ordinary shares in issue, impacting the total voting rights available to shareholders. This buy-back initiative underscores Endeavour’s commitment to delivering value to its stakeholders and maintaining a strong financial position.
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, a highly prospective region in West Africa. As a member of the World Gold Council, Endeavour is committed to responsible mining and sustainable value delivery to its employees, stakeholders, and the communities where it operates. The company is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.
YTD Price Performance: 33.69%
Average Trading Volume: 483,932
Technical Sentiment Signal: Sell
Current Market Cap: C$8.22B
For detailed information about EDV stock, go to TipRanks’ Stock Analysis page.