Endeavour Mining Executes Share Buyback to Consolidate Ownership

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

Endeavour Mining has executed a share buyback transaction, purchasing 50,000 of its ordinary shares as part of its ongoing buy-back program. This move reduces the total number of shares in issue to 242,857,697, impacting the company’s voting rights and potentially enhancing shareholder value by consolidating ownership.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer, recognized as the largest in West Africa. The company operates across Senegal, Cote d’Ivoire, and Burkina Faso, with a robust portfolio of development projects and exploration assets in the Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour is committed to responsible mining and sustainable value delivery to its stakeholders and communities.

YTD Price Performance: 14.93%

Average Trading Volume: 459,097

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.48B

For a thorough assessment of EDV stock, go to TipRanks’ Stock Analysis page.