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Endeavour Mining Executes Share Buyback to Optimize Capital Structure

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Endeavour Mining Executes Share Buyback to Optimize Capital Structure

Endeavour Mining ( (TSE:EDV) ) just unveiled an update.

Endeavour Mining has executed a share buyback transaction, purchasing 2,000 of its ordinary shares as part of its ongoing buy-back program. This move reduces the total number of shares in issue to 242,922,697, impacting the company’s voting rights and potentially influencing shareholder interest calculations. The transaction, facilitated by Stifel Nicolaus Europe Limited, is part of Endeavour’s strategy to manage its capital structure effectively.

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 robust portfolio of development projects and exploration assets in the Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour is dedicated to responsible mining and sustainable value creation for its stakeholders and communities.

YTD Price Performance: 14.45%

Average Trading Volume: 448,937

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.2B

Learn more about EDV stock on TipRanks’ Stock Analysis page.

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