Endeavour Mining Executes Share Buyback to Strengthen Equity Base

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

Endeavour Mining has executed a share buyback transaction, purchasing 23,000 of its ordinary shares as part of its ongoing buy-back program. Following this transaction, the company will have 243,894,885 ordinary shares in issue, which will serve as the basis for shareholders to assess their voting rights. This move is part of Endeavour’s broader strategy to manage its equity base and return value to shareholders, potentially enhancing the company’s market position and financial stability.

More about Endeavour Mining

Endeavour Mining is a leading global gold producer, recognized as the largest in West Africa, with operations in Senegal, Cote d’Ivoire, and Burkina Faso. It holds a comprehensive portfolio of advanced development projects and exploration assets within the highly prospective Birimian Greenstone Belt. As a member of the World Gold Council, the company emphasizes responsible mining practices and sustainable value delivery to its stakeholders. Endeavour Mining is publicly traded on the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

YTD Price Performance: -2.61%

Average Trading Volume: 445,436

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.46B

For a thorough assessment of EDV stock, go to TipRanks’ Stock Analysis page.