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Endeavour Mining Executes Share Buy-Back as Part of Capital Optimization Strategy

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Endeavour Mining Executes Share Buy-Back as Part of Capital Optimization Strategy

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An announcement from Endeavour Mining ( (TSE:EDV) ) is now available.

Endeavour Mining plc has announced a transaction involving the repurchase of 30,000 of its own ordinary shares, executed by Stifel Nicolaus Europe Limited, as part of its ongoing buy-back program. This move will result in the company having 243,234,697 shares in issue, aligning with its strategy to manage outstanding shares and potentially enhance shareholder value. The transaction reinforces Endeavour’s focus on optimizing its capital structure and maintaining a stable market presence.

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 also has a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour Mining is committed to responsible mining and sustainable value delivery to its stakeholders and communities.

YTD Price Performance: 18.07%

Average Trading Volume: 404,762

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.68B

Learn more about EDV stock on TipRanks’ Stock Analysis page.

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