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Endeavour Mining Executes Share Buyback to Optimize Capital Structure

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Endeavour Mining Executes Share Buyback to Optimize Capital Structure

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

Endeavour Mining has repurchased 30,000 of its ordinary shares as part of its ongoing buy-back programme, which began in March 2024. Following this transaction, the company will have 243,287,697 ordinary shares in issue, providing stakeholders with a clear framework for calculating voting rights in accordance with regulatory standards. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer and the largest in West Africa, with operations in Senegal, Côte d’Ivoire, and Burkina Faso. The company holds a portfolio of advanced development projects and exploration assets in West Africa’s Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value creation, and it is listed on the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 15.98%

Average Trading Volume: 405,253

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.56B

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

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