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Endeavour Mining Reports Share Buyback Activity Updates

Endeavour Mining Reports Share Buyback Activity Updates

Endeavour Mining Reports Share Buyback Activity Updates

END AVOUR ANNOUNCES TRANSACTION IN OWN SHARES

London – Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced the repurchase of a number of its ordinary shares, each with a value of USD 0.01, through Stifel Nicolaus Europe Limited.

Aggregated Information

Details of the purchases:

  • Total number of ordinary shares of USD 0.01 purchased: 28,704
  • Lowest price paid per share (GBp): 1,565.00
  • Highest price paid per share (GBp): 1,581.00
  • Volume-weighted average price paid per share (GBp): 1,570.97

Following the cancellation of the repurchased shares, the total number of ordinary shares outstanding will be 244,565,525. This number will be used by shareholders to determine whether they need to notify any interest or changes in their interest in the Company as per the FCA's Disclosure Guidance and Transparency Rules.

These share repurchases are part of the Company's buyback program that was announced earlier this year.

Transaction Details

In compliance with applicable regulations, detailed information about individual trades executed by Stifel Nicolaus Europe Limited under this buyback program is provided below.

Schedule of Purchases

Shares repurchased: Endeavour Mining plc (ISIN: GB00BL6K5J42)

  • Dates of purchases: Ongoing
  • Investment firm managing the buyback: Stifel Nicolaus Europe Limited

Individual Transactions

  • 16 Aug 2024, 09:13 AM | Volume: 300 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 300 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 600 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 46 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 600 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 46 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 400 | Price (GBp): 1,569.00 | Venue: LSE
  • 16 Aug 2024, 09:13 AM | Volume: 200 | Price (GBp): 1,569.00 | Venue: LSE
  • ...[Further transaction details omitted for brevity]...
  • 16 Aug 2024, 12:32 PM | Volume: 500 | Price (GBp): 1,565.00 | Venue: LSE
  • 16 Aug 2024, 12:32 PM | Volume: 118 | Price (GBp): 1,565.00 | Venue: LSE
  • 16 Aug 2024, 12:32 PM | Volume: 500 | Price (GBp): 1,565.00 | Venue: LSE
  • 16 Aug 2024, 12:32 PM | Volume: 500 | Price (GBp): 1,565.00 | Venue: LSE
  • ...and additional entries as required...

Contact Information

  • For Investor Relations Inquiries: Jack Garman, Vice President of Investor Relations | +44 203 011 2723 | investor@endeavourmining.com
  • For Media Inquiries: Carole Cable, Partner, Brunswick Group LLP | +44 207 404 5959 | ccable@brunswickgroup.com

About Endeavour Mining plc

Endeavour Mining ranks among the top senior gold producers worldwide and is the largest in West Africa. The company operates in countries such as Senegal, Côte d'Ivoire, and Burkina Faso, with a strong portfolio of advanced development projects and exploration assets located in the promising Birimian Greenstone Belt across West Africa.

As an active member of the World Gold Council, Endeavour is committed to responsible mining practices while focusing on creating sustainable value for its stakeholders and local communities. The company is listed on both the London Stock Exchange and the Toronto Stock Exchange under the symbol EDV.

Frequently Asked Questions

1. What recent transaction did Endeavour Mining announce?

Endeavour Mining announced a series of share buybacks, repurchasing a total of 28,704 ordinary shares at various prices through Stifel Nicolaus Europe Limited.

2. What is the purpose of Endeavour Mining's share buyback program?

The share buyback program aims to manage capital effectively and enhance shareholder value by decreasing the number of shares outstanding.

3. How many shares will remain in circulation after the buyback?

After canceling the repurchased shares, there will be 244,565,525 ordinary shares remaining in circulation.

4. Who is responsible for managing the share buyback program?

The management of the share buyback program is handled by Stifel Nicolaus Europe Limited.

5. Where can I find more information about Endeavour Mining?

For further details, stakeholders can visit Endeavour Mining’s official website and check the latest reports and news releases from the company.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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