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Endeavour Mining Cancels 60,000 Shares in Ongoing Buy-Back Programme

Story Highlights
  • Endeavour Mining repurchased and cancelled 60,000 shares, leaving 242.6 million outstanding.
  • The buy-back, part of a 2025 programme, tightens share capital and may boost EPS and investor power.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Endeavour Mining Cancels 60,000 Shares in Ongoing Buy-Back Programme

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

Endeavour Mining has repurchased 60,000 of its own ordinary shares as part of its ongoing share buy-back programme, paying between 4,338 and 4,550 pence per share, with a volume-weighted average price of 4,479.35 pence. Following the cancellation of these shares, the company’s share capital will comprise 242,572,242 ordinary shares in issue and no shares held in treasury, a figure that will serve as the new denominator for shareholders’ voting-rights and disclosure calculations under regulatory rules.

The latest buy-back tranche, executed through Stifel Nicolaus Europe Limited on 18 March 2026 across the London Stock Exchange and TSX, underscores Endeavour’s continued capital-management strategy launched in March 2025. By reducing the number of shares in circulation, the programme can enhance earnings per share and consolidate existing investors’ voting power, while signaling management’s confidence in the company’s valuation and long-term prospects to the market.

More about Endeavour Mining

Endeavour Mining plc is a gold mining company listed on the London and Toronto stock exchanges. The group focuses on developing and operating gold mines, with its shareholder base using London’s FCA disclosure regime and Canadian listing framework as reference points for trading and governance.

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

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