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Endeavour Mining Executes Share Buyback to Optimize Equity
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Endeavour Mining Executes Share Buyback to Optimize Equity

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An announcement from Endeavour Mining ( (TSE:EDV) ) is now available.

Endeavour Mining plc has executed a share buyback, purchasing 6,000 of its ordinary shares as part of a program initiated in March 2024. This move reduces the total shares in issue to 243,572,697, which will affect shareholders’ voting calculations. The buyback reflects the company’s strategy to enhance shareholder value and manage its equity base effectively, which could have implications for its market positioning and stakeholders.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, with operations across Senegal, Cote d’Ivoire, and Burkina Faso. The company is focused on responsible mining practices and has a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Listed on the London and Toronto Stock Exchanges, Endeavour is a member of the World Gold Council.

YTD Price Performance: 13.10%

Average Trading Volume: 428,998

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.26B

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

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