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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

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Endeavour Mining ( (TSE:EDV) ) just unveiled an update.

Endeavour Mining has announced the purchase of 14,384 of its ordinary shares as part of its ongoing buy-back programme. This transaction, executed through Stifel Nicolaus Europe Limited, is part of the company’s strategy to manage its capital structure effectively. Following the cancellation of these shares, the total voting rights in the company will be 241,885,962. This move is expected to impact shareholder calculations regarding their interests in the company, aligning with the FCA’s Disclosure Guidance and Transparency Rules.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, operating in countries like 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, a region known for its rich mineral deposits. As a member of the World Gold Council, Endeavour Mining is committed to responsible mining practices and sustainable value creation for its stakeholders.

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

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