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Endeavour Mining Executes Share Buy-Back to Strengthen Market Position

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Endeavour Mining Executes Share Buy-Back to Strengthen Market Position

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

Endeavour Mining announced a share buy-back transaction, purchasing 23,000 of its ordinary shares through Stifel Nicolaus Europe Limited, as part of its ongoing buy-back program initiated in March 2024. Following this purchase and subsequent share cancellation, Endeavour’s total number of voting rights stands at 243,264,697, allowing shareholders to adjust their interest notifications under regulatory guidelines. This move is likely to impact Endeavour’s market positioning by potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer, recognized as the largest in West Africa with operations across Senegal, Cote d’Ivoire, and Burkina Faso. The company holds a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt, a region known for its gold potential. Endeavour is committed to responsible mining and sustainable value creation, and is listed on both the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 15.98%

Average Trading Volume: 404,268

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.56B

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

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