Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining announced the repurchase of 18,000 of its ordinary shares as part of its ongoing buy-back program, which was initially announced in March 2024. The transaction, executed by Stifel Nicolaus Europe Limited, reflects Endeavour’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value. Following the cancellation of these shares, the total voting rights in the company will be 242,087,346, which stakeholders can use for interest calculations under regulatory guidelines.

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 boasts a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. As a member of the World Gold Council, Endeavour is dedicated to responsible mining practices and sustainable value creation for its stakeholders.

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