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Endeavour Mining ( (TSE:EDV) ) has shared an announcement.
Endeavour Mining plc announced a transaction involving the repurchase of 7,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, conducted through Stifel Nicolaus Europe Limited, aims to optimize the company’s capital structure by reducing the number of shares in circulation, thereby potentially enhancing shareholder value. The completion of this buy-back leaves Endeavour with 241,442,712 ordinary shares in issue, which will serve as the basis for shareholder voting rights calculations. This strategic move reflects the company’s commitment to maintaining a balanced financial approach and could have implications for its market positioning and stakeholder interests.
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 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 delivery to its stakeholders. It is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.
See more data about EDV stock on TipRanks’ Stock Analysis page.