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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 shared an update.

Endeavour Mining announced the purchase of 40,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, conducted through Stifel Nicolaus Europe Limited, results in the company having 241,980,483 ordinary shares in issue, which will affect shareholder voting rights calculations. The buy-back program is part of Endeavour’s strategy 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, 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.

YTD Price Performance: 25.47%

Average Trading Volume: 504,084

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$7.71B

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

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