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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

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

Endeavour Mining announced a share buy-back transaction, purchasing 80,000 of its ordinary shares as part of its ongoing buy-back program. This move, executed through Stifel Nicolaus Europe Limited, reflects the company’s strategy to manage its capital structure and enhance shareholder value. Following the cancellation of these shares, the total voting rights in the company will be 242,647,597, which stakeholders can use for interest calculations under the FCA’s rules.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company has a strong portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and it is listed on the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 19.82%

Average Trading Volume: 461,935

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.48B

Learn more about EDV stock on TipRanks’ Stock Analysis page.

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