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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining announced the purchase of 25,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, aligns with the company’s strategy to manage its capital structure effectively. Following this purchase, Endeavour will have 243,054,697 ordinary shares in issue, impacting the total voting rights available to shareholders. This move reflects Endeavour’s commitment to enhancing shareholder value and optimizing its 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 strong portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and it is listed on the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 7.02%

Average Trading Volume: 440,365

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$6.97B

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

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