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Endeavour Mining ( (TSE:EDV) ) has shared an announcement.
Endeavour Mining has repurchased 51,500 of its ordinary shares as part of a share buy-back programme, at prices between 4,682p and 4,730p and a volume-weighted average price of 4,707.79p. Following cancellation of these shares, the company will have 242,123,997 ordinary shares in issue, which will constitute the total voting rights for investors’ disclosure calculations.
The latest tranche of buy-backs, executed through Stifel Nicolaus Europe on both the TSX and LSE, underscores Endeavour’s ongoing capital management strategy. By reducing the number of shares in circulation, the company may enhance earnings per share and tighten its free float, a move closely watched by shareholders assessing ownership thresholds and governance influence.
More about Endeavour Mining
Endeavour Mining is a senior gold producer and the largest in West Africa, operating mines in Senegal, Côte d’Ivoire and Burkina Faso. The company also holds advanced development and exploration assets across the Birimian Greenstone Belt and is listed in London and Toronto under the symbol EDV, with a stated focus on responsible, sustainable mining.
See more data about EDV stock on TipRanks’ Stock Analysis page.