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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 issued an announcement.

Endeavour Mining announced the purchase of 63,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, will result in the company having 242,020,483 ordinary shares in issue, which stakeholders can use to calculate voting rights. This move is part of Endeavour’s strategy to optimize its capital structure and enhance shareholder value.

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 to its stakeholders and communities.

YTD Price Performance: 33.92%

Average Trading Volume: 490,416

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$8.35B

For an in-depth examination of EDV stock, go to TipRanks’ Stock Analysis page.

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