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Endeavour Mining Buys Back 40,000 Shares Under Ongoing Repurchase Programme

Story Highlights
  • Endeavour Mining repurchased 40,000 shares on 2 April 2026, leaving 242.3 million shares outstanding and redefining total voting rights.
  • The buyback, part of an ongoing capital management programme, signals confidence in valuation and marginally enhances remaining shareholders’ stakes.
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Endeavour Mining Buys Back 40,000 Shares Under Ongoing Repurchase Programme

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

Endeavour Mining has repurchased 40,000 of its own ordinary shares on 2 April 2026 through Stifel Nicolaus Europe Limited, at prices between 4,480 and 4,640 pence, with a volume-weighted average price of 4,560.88 pence. Following the cancellation of these shares, Endeavour will have 242,275,497 ordinary shares in issue, which will represent the total voting rights for shareholders’ disclosure calculations under FCA rules.

The transaction forms part of Endeavour’s previously announced share buy-back programme, underscoring management’s ongoing capital management strategy and potential confidence in the company’s valuation. The reduced share count may provide a marginally enhanced ownership stake for remaining shareholders and could support earnings per share metrics over time, while simplifying the share capital structure by eliminating any treasury shares.

More about Endeavour Mining

Endeavour Mining plc is one of the world’s senior gold producers and the largest in West Africa, with operating mines across Senegal, Côte d’Ivoire and Burkina Faso. The company focuses on gold production and development projects in this region, positioning itself as a key player in the African gold mining industry.

Find detailed analytics on EDV stock on TipRanks’ Stock Analysis page.

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