Endeavour Mining's Recent Share Buy-Back Program Highlights

Endeavour Mining Announces Share Purchase Updates
Overview of Share Transactions
Endeavour Mining plc (LSE:EDV, TSX:EDV) recently confirmed the acquisition of 70,000 ordinary shares, each valued at USD 0.01. This purchase was executed through Stifel Nicolaus Europe Limited.
Details of the Share Transactions
Key transaction details include:
- Aggregate number of shares purchased: 70,000
- Lowest price per share: 2,174.00 GBp
- Highest price per share: 2,242.00 GBp
- Volume weighted average price: 2,182.78 GBp
Effect on Shareholder Structure
Following the cancellation of these repurchased shares, Endeavour Mining will report a total of 241,784,962 ordinary shares issued, eliminating any shares held in treasury. This adjustment is critical for shareholders, as it establishes the updated denominator for determining their voting rights in compliance with regulatory requirements.
Buy-Back Program Goals
This share repurchase initiative is part of Endeavour's broader buy-back program unveiled earlier in the year. This strategy aims to enhance shareholder value and reflect the company’s strong financial position given its role as a leading gold producer.
Ethical Commitment to Investors
Endeavour Mining is dedicated to maintaining transparency and responsible practices in all facets of its operations, making conscious efforts to keep investors informed.
Investor Relations Contact
For any inquiries regarding investor relations, please reach out to:
Jack Garman
Vice President of Investor Relations
+44 203 011 2723
investor@endeavourmining.com
About Endeavour Mining
Endeavour Mining ranks among the world’s premier gold producers, with a significant presence in West Africa. The company operates extensive assets across Senegal, Cote d’Ivoire, and Burkina Faso, and includes a robust portfolio of advanced and exploratory projects in the highly sought-after Birimian Region.
A member of the World Gold Council, Endeavour adheres to responsible mining principles, aiming to provide sustainable value to its stakeholders and surrounding communities. The company is publicly traded on both the London and Toronto stock exchanges under the ticker symbol EDV.
Frequently Asked Questions
What is the goal of Endeavour Mining's buy-back program?
The buy-back program aims to enhance shareholder value, reflect the company’s strong financial position, and adjust the number of shares on the market.
How many shares were acquired in the latest transaction?
Endeavour Mining acquired 70,000 ordinary shares in this recent transaction.
What was the highest price paid for the shares?
The highest price recorded during the share purchase was 2,242.00 GBp.
What impact does the share cancellation have on voting rights?
The cancellation of shares will update the total shares issued to 241,784,962, which determines the denominator for voting rights calculations among shareholders.
Where can I find more information about Endeavour Mining?
Additional details about Endeavour Mining can be found on their official website or through their investor relations contact.
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