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Endeavour Mining Executes Share Buy-Back to Optimize Capital Structure

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

Endeavour Mining announced the purchase of 40,000 ordinary shares as part of its ongoing buy-back program. The transaction, executed by Stifel Nicolaus Europe Limited, resulted in a volume-weighted average price of 1,735.88 GBp per share. Following the cancellation of these shares, the total voting rights in the company stand at 241,902,483. This move is part of Endeavour’s strategy to optimize its 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, Cote d’Ivoire, and Burkina Faso. The company has a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and is listed on both the London and Toronto Stock Exchanges under the symbol EDV.

YTD Price Performance: 23.48%

Average Trading Volume: 515,244

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$7.56B

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

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