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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

The latest update is out from Endeavour Mining ( (TSE:EDV) ).

Endeavour Mining announced the purchase of 8,400 of its own ordinary shares as part of its buy-back program. This transaction, executed through Stifel Nicolaus Europe Limited, results in the company having 242,386,783 ordinary shares in issue, which will be used by shareholders to determine their voting rights. The buy-back program, initiated in March 2024, is part of Endeavour’s strategy to manage its capital structure and enhance shareholder value.

More about Endeavour Mining

Endeavour Mining is a leading gold producer and the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. The company holds a strong portfolio of development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is a member of the World Gold Council and is committed to responsible mining and sustainable value delivery. It is listed on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: 29.18%

Average Trading Volume: 473,830

Technical Sentiment Signal: Sell

Current Market Cap: C$7.95B

See more insights into EDV stock on TipRanks’ Stock Analysis page.

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