tiprankstipranks

Endeavour Mining Executes Share Buy-Back to Enhance Shareholder Value

Story Highlights

Endeavour Mining ( (TSE:EDV) ) just unveiled an update.

Endeavour Mining plc announced the purchase of 30,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, resulted in the company having 241,872,483 ordinary shares in issue, which will affect the total voting rights for shareholders. This strategic move is part of Endeavour’s efforts to manage 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, operating in countries such as Senegal, Cote d’Ivoire, and Burkina Faso. The company has a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is a member of the World Gold Council and is committed to responsible mining practices, delivering sustainable value to its stakeholders. The company is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: 23.48%

Average Trading Volume: 515,244

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$7.56B

For detailed information about EDV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App