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Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

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Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

Endeavour Mining ( (TSE:EDV) ) just unveiled an update.

Endeavour Mining announced the purchase of 45,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed by Stifel Nicolaus Europe Limited, is part of Endeavour’s strategy to manage its capital structure and enhance shareholder value. Following the cancellation of these shares, the company will have 243,109,697 ordinary shares in issue, which will affect the total voting rights for shareholders.

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 strong portfolio of development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and is listed on the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 10.97%

Average Trading Volume: 413,797

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.23B

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

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