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Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

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Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

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

Endeavour Mining has announced the purchase of 45,000 of its own ordinary shares as part of its previously announced buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, aims to reduce the number of shares in circulation, potentially increasing shareholder value. Following the cancellation of these shares, the total voting rights will be 243,362,697. This strategic move may affect stakeholders by altering shareholdings and voting power dynamics.

More about Endeavour Mining

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company has a strong portfolio of development projects and exploration assets in the Birimian Greenstone Belt and is committed to responsible mining and sustainable value creation. Endeavour is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: 18.92%

Average Trading Volume: 404,637

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.76B

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

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