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Endeavour Mining Tightens Share Count with Latest Buy-Back

Story Highlights
  • Endeavour Mining repurchased 30,000 shares under its buy-back programme at a 4,580.75p average price.
  • After cancelling the repurchased shares, Endeavour now has 242,053,997 shares in issue and no treasury stock.
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Endeavour Mining Tightens Share Count with Latest Buy-Back

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

Endeavour Mining has repurchased 30,000 of its own ordinary shares as part of its ongoing share buy-back programme, paying a volume-weighted average price of 4,580.75 pence per share. Following the cancellation of these shares, the company will have 242,053,997 ordinary shares in issue, which also represents the total number of voting rights.

The transaction, executed through Stifel Nicolaus Europe Limited, leaves Endeavour with no shares held in treasury and clarifies the voting rights denominator for investors monitoring their disclosure thresholds. The move underscores Endeavour’s continued commitment to capital management and may be viewed by shareholders as a signal of confidence in the company’s valuation and long-term prospects.

More about Endeavour Mining

Endeavour Mining is a senior global gold producer and the largest in West Africa, operating mines in Senegal, Côte d’Ivoire and Burkina Faso. The company also holds advanced development and exploration projects across the Birimian Greenstone Belt and is listed in both London and Toronto, where it focuses on responsible mining and sustainable value creation.

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

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