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Endeavour Mining ( (TSE:EDV) ) has shared an update.
Endeavour Mining plc has announced the repurchase of 38,147 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed by Stifel Nicolaus Europe Limited, reflects the company’s strategic focus on optimizing its capital structure. Following the cancellation of these shares, Endeavour’s total voting rights stand at 241,402,973. This move is expected to enhance shareholder value and demonstrates Endeavour’s commitment to maintaining a balanced approach to capital management.
More about Endeavour Mining
Endeavour Mining is a leading global gold producer and the largest in West Africa, operating in countries such as Senegal, Cote d’Ivoire, and Burkina Faso. The company holds a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour Mining is committed to responsible mining and sustainable value creation for its employees, stakeholders, and communities.
Learn more about EDV stock on TipRanks’ Stock Analysis page.