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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

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

Endeavour Mining plc has executed a share buyback transaction, purchasing 20,000 of its ordinary shares as part of its ongoing buy-back program. This transaction, conducted through Stifel Nicolaus Europe Limited, will reduce the number of shares in treasury to zero, leaving 243,199,697 shares in issue. The buyback is part of Endeavour’s strategy to manage its capital structure and 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, 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 committed to responsible mining and sustainable value delivery to its stakeholders.

YTD Price Performance: 18.81%

Average Trading Volume: 402,840

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$7.74B

See more data about EDV stock on TipRanks’ Stock Analysis page.

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