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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining plc has repurchased 110,000 of its ordinary shares as part of its ongoing buy-back program, which was initiated in March 2024. The transaction, executed through Stifel Nicolaus Europe Limited, resulted in the company having 242,275,783 ordinary shares in issue, with no shares held in treasury. This move is a strategic effort to optimize the company’s capital structure and may impact shareholder voting rights, as the total voting rights now stand at 242,275,783.

More about Endeavour Mining

Endeavour Mining plc operates in the mining industry, focusing on gold production. The company is listed on both the London Stock Exchange (LSE) and the Toronto Stock Exchange (TSX), and it engages in the exploration, development, and production of gold properties in West Africa.

YTD Price Performance: 29.47%

Average Trading Volume: 470,773

Technical Sentiment Signal: Sell

Current Market Cap: C$7.83B

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

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