- Endeavour Mining (EDV) executed a share buyback of 21,000 ordinary shares on May 8, 2025.
- The shares were purchased at prices between 2,190.00 and 2,218.00 GBp, with a volume-weighted average price of 2,208.19 GBp.
- After the buyback, the company will have 241,554,120 shares outstanding, with no shares held in treasury.
Endeavour Mining plc (LSE: EDV, TSX: EDV) has successfully completed a share buyback transaction on May 8, 2025, acquiring 21,000 of its ordinary shares through Stifel Nicolaus Europe Limited. The shares were purchased at prices ranging between 2,190.00 GBp and 2,218.00 GBp, resulting in a volume-weighted average price of 2,208.19 GBp.
This buyback is part of the company's share repurchase programme that was announced on March 20, 2024. Following the cancellation of these repurchased shares, Endeavour Mining will have 241,554,120 ordinary shares in issuance. Notably, the company will hold no shares in treasury post-transaction, underscoring efficient capital management and a commitment to enhancing shareholder value.
The systematic execution of the buyback across different trading sessions suggests an efficient approach by Endeavour Mining in executing its buyback program. This transaction signals the company's strong financial position and reinforces its dedication to returning value to its shareholders.
