tiprankstipranks

Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

Story Highlights
Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining has announced the repurchase of 80,000 ordinary shares as part of its ongoing buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, reflects the company’s strategic initiative to manage its capital structure effectively. The cancellation of these shares will result in 242,395,183 ordinary shares in issue, impacting the total voting rights and potentially influencing shareholder interests 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 highly prospective Birimian Greenstone Belt.

YTD Price Performance: 28.68%

Average Trading Volume: 454,636

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$7.97B

Find detailed analytics on EDV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App