Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining announced a transaction involving the repurchase of 15,700 of its ordinary shares as part of its ongoing buy-back program. This move reduces the total number of shares in treasury to zero, leaving 244,020,685 shares in circulation, which will consequently adjust the company’s total voting rights. The share buy-back is designed to optimize the capital structure and potentially enhance shareholder value.

More about Endeavour Mining

Endeavour Mining is a leading gold producer and the largest in West Africa, with operations in Senegal, Côte d’Ivoire, and Burkina Faso. The company is a member of the World Gold Council and is committed to responsible mining practices, focusing on sustainable value for stakeholders and the communities where it operates. Endeavour Mining is listed on the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: -8.54%

Average Trading Volume: 473,489

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.37B

See more data about EDV stock on TipRanks’ Stock Analysis page.