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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Story Highlights
  • Endeavour Mining repurchased 1,000 shares as part of its buy-back program.
  • The transaction adjusts Endeavour’s capital structure, with 241,401,973 voting rights remaining.
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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining announced the repurchase of 1,000 of its ordinary shares as part of its ongoing buy-back program. The transaction, executed by Stifel Nicolaus Europe Limited, reflects Endeavour’s strategic focus on optimizing shareholder value and adjusting its capital structure. Following the cancellation of these shares, the total voting rights in the company will be 241,401,973, which stakeholders can use to assess their interests under regulatory guidelines.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer, recognized as the largest in West Africa. The company operates across Senegal, Cote d’Ivoire, and Burkina Faso, with a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and is listed on both the London and Toronto Stock Exchanges under the symbol EDV.

See more insights into EDV stock on TipRanks’ Stock Analysis page.

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