The latest announcement is out from Endeavour Mining ( (TSE:EDV) ).
Endeavour Mining announced the purchase of 40,000 of its ordinary shares as part of its ongoing buy-back program. The transaction, executed through Stifel Nicolaus Europe Limited, reflects the company’s strategic move to manage its share capital, resulting in a total of 241,980,483 ordinary shares in issue. This buy-back initiative is expected to influence the company’s market positioning by potentially enhancing shareholder value and optimizing its capital structure.
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 holds a strong portfolio of advanced development and exploration projects within the Birimian Greenstone Belt. It is a member of the World Gold Council and is committed to responsible mining practices and sustainable value delivery to its stakeholders.
YTD Price Performance: 33.92%
Average Trading Volume: 490,416
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.35B
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