Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining plc has announced the purchase of 30,000 of its ordinary shares as part of its ongoing share buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, resulted in the company having 241,960,346 ordinary shares in issue, with no shares held in treasury. This move is part of Endeavour’s strategy to manage its capital structure and potentially enhance shareholder value. The buy-back program, initially announced in March 2024, underscores the company’s commitment to optimizing its financial operations and providing returns to its shareholders.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, with operational assets in Senegal, Cote d’Ivoire, and Burkina Faso. It holds 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 and sustainable value creation for its employees, stakeholders, and the communities it serves. The company is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

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