tiprankstipranks
Company Announcements

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Story Highlights
  • Endeavour Mining purchased 50,000 shares as part of its buy-back program.
  • The transaction affects the company’s total voting rights, with 242,924,697 shares now in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining plc announced the purchase of 50,000 of its ordinary shares as part of its ongoing buy-back program. Following this transaction, the company will have 242,924,697 ordinary shares in issue, which will affect the total voting rights available to shareholders. This move is part of Endeavour’s strategy to manage its capital structure and potentially enhance shareholder value.

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 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: Strong Sell

Current Market Cap: C$6.97B

See more insights into EDV stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1