Endeavour Mining Announces Recent Share Buyback Activities
ENDEAVOUR ANNOUNCES TRANSACTION IN OWN SHARES
– Endeavour Mining plc (LSE:EDV, TSX:EDV) has made recent transactions regarding its ordinary shares, acquiring a total of 30,000 shares from Stifel Nicolaus Europe Limited.
Aggregated Information
During this purchase, Endeavour Mining demonstrated a commitment to enhancing shareholder value, with a low price paid per share at 2,310.00 GBp and a highest price of 2,354.00 GBp, resulting in a volume weighted average price of 2,338.73 GBp.
The company's ongoing efforts aim to bolster its share price and provide increased returns to its investors. Following the cancellation of these shares, Endeavour Mining will have 241,960,346 ordinary shares in circulation, with a total voting rights count matching that number. Shareholders can use this figure to determine if they need to notify changes in their holdings under the FCA's guidelines.
These repurchases form part of a broader share buyback initiative that the company announced previously. Investors can look forward to ongoing updates as Endeavour Mining continues to execute its buy-back program.
Transaction Details
In line with the regulations governing market activities, detailed information regarding the individual trades conducted by Stifel Nicolaus Europe Limited has been shared below:
Shares purchased: Endeavour Mining plc (ISIN: GB00BL6K5J42)
Investment firm: Stifel Nicolaus Europe Limited
Individual Transactions
Transactions were conducted at various times throughout the day, with each transaction providing transparency about share volumes and prices. For instance, at 08:12 am, a total of 798 shares were acquired at a price of 2,344.00 GBp on the LSE. Similarly, several other transactions occurred throughout the day, totaling 30,000 shares.
Continued Commitment to Shareholders
Endeavour Mining's buyback program reflects its strategy to enhance shareholder returns and provides an opportunity for investors to benefit from potential future stock price increases. This ongoing commitment indicates the company’s solid financial position and its desire to deliver sustainable value for its stakeholders.
Contact Information
For investors looking for more information regarding this share buyback and other inquiries:
Investor Relations
Jack Garman, Vice President of Investor Relations
+44 203 011 2723
investor@endeavourmining.com
Media Enquiries
Carole Cable, Partner, Brunswick Group LLP
+ 44 207 404 5959
ccable@brunswickgroup.com
About Endeavour Mining
Endeavour Mining is recognized as one of the leading gold producers in West Africa, with operational assets across key regions and a diversified portfolio of development projects. The company strives to meet the highest standards in responsible mining while focusing on delivering long-term value to its stakeholders.
As a proud member of the World Gold Council, Endeavour Mining is committed not only to excellence in production but also to sustainable practices that positively impact the communities where it operates. The company is listed on both the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.
Frequently Asked Questions
What is Endeavour Mining's recent buyback program?
Endeavour Mining has initiated a share buyback program, acquiring 30,000 shares to enhance shareholder value.
What were the share prices during the buyback?
The shares were purchased between prices of 2,310.00 GBp and 2,354.00 GBp, with an average price of 2,338.73 GBp.
Who handled the transactions for Endeavour Mining?
Stifel Nicolaus Europe Limited executed the trades on behalf of Endeavour Mining.
How many shares are currently outstanding after the buyback?
After the cancellation of the repurchased shares, there will be 241,960,346 ordinary shares in circulation.
How can shareholders utilize the total voting rights figure?
Shareholders can use the total voting rights as a denominator for reporting their shares under the FCA’s regulations.
