Endeavour Mining's Strategic Share Purchase Announced
Endeavour Mining Announces Share Purchase
Transaction in Own Shares
Endeavour Mining plc (LSE:EDV, TSX:EDV) has recently undertaken a notable transaction involving the purchase of its own shares. This strategic move reflects the company's proactive approach in managing its capital and reinforcing its commitment to shareholder value.
Details of the Purchase
On a recent trading day, Endeavour Mining executed the purchase from Stifel Nicolaus Europe Limited. The company acquired a total of 7,000 ordinary shares at prices demonstrating a keen interest in the market valuation. The shares were bought at a range of prices, with the lowest being 2,792.00 GBp and the highest reaching 2,816.00 GBp. The volume-weighted average price for this transaction was calculated at 2,805.71 GBp.
Transaction Overview
The purchase was made on the 17th of September. Following the cancellation of these shares, Endeavour Mining will not retain any ordinary shares in treasury, leaving a total of 241,442,712 ordinary shares in circulation. This total will also serve as the numerator for voting rights calculations, providing transparency and clarity for shareholders regarding their interests.
Buy-Back Program Details
This share purchase is part of the company's broader buy-back program that was initially announced in March. Such programs are designed to enhance shareholder returns and signal management's confidence in the company’s future prospects.
Individual Transaction Records
As part of the buy-back initiative, details of several individual trades have been released. Below is a summary of key transactions:
| Transaction Date and Time | Volume | Price (GBp) | Trading Venue |
|---|---|---|---|
| 17 Sept 2025, 08:18 AM | 232 | 2,806.00 | LSE |
| 17 Sept 2025, 08:18 AM | 156 | 2,806.00 | LSE |
| 17 Sept 2025, 08:18 AM | 110 | 2,806.00 | LSE |
| 17 Sept 2025, 08:18 AM | 26 | 2,806.00 | LSE |
| 17 Sept 2025, 08:18 AM | 623 | 2,806.00 | LSE |
| 17 Sept 2025, 08:18 AM | 853 | 2,806.00 | LSE |
| 17 Sept 2025, 08:19 AM | 2,000 | 2,802.00 | LSE |
| 17 Sept 2025, 08:59 AM | 60 | 2,792.00 | LSE |
| 17 Sept 2025, 09:00 AM | 604 | 2,792.00 | LSE |
| 17 Sept 2025, 09:00 AM | 122 | 2,792.00 | LSE |
| 17 Sept 2025, 09:00 AM | 214 | 2,792.00 | LSE |
| 17 Sept 2025, 11:16 AM | 2,000 | 2,816.00 | LSE |
Contact Information
For Investor Relations Enquiries:
Jack Garman, Vice President of Investor Relations
+44 203 011 2723
investor@endeavourmining.com
For Media Enquiries:
Brunswick Group LLP in London - Carole Cable, Partner
+44 207 404 5959
ccable@brunswickgroup.com
About Endeavour Mining PLC
Endeavour Mining stands tall as a prominent player in the gold production sector, being the largest producer in West Africa. With significant operational assets spanning across multiple regions, the company is well-positioned for growth amidst a rigorous commitment to responsible mining practices.
As a proud member of the World Gold Council, Endeavour focuses on delivering sustainable value to stakeholders, employees, and the communities it serves. The company's stock is traded on both the London Stock Exchange and the Toronto Stock Exchange with the ticker symbol EDV, highlighting its international presence and commitment to investor engagement.
Frequently Asked Questions
What is Endeavour Mining's latest share purchase about?
Endeavour Mining recently announced a purchase of 7,000 ordinary shares as part of its buy-back program to enhance shareholder value.
When did Endeavour Mining conduct this transaction?
The transactions took place on the 17th of September during regular trading hours.
What is the average price per share paid in this transaction?
The volume-weighted average price per share in this transaction was 2,805.71 GBp.
How many ordinary shares will be in issue after this purchase?
After the cancellation of the purchased shares, Endeavour Mining will have 241,442,712 ordinary shares in issue.
What is Endeavour Mining's commitment to responsible mining?
Endeavour Mining is dedicated to sustainable practices and is a member of the World Gold Council, ensuring responsible operations.
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