- Endeavour Mining (LSE:EDV, TSX:EDV) has executed a share repurchase of 4,000 shares at 2,161.61 GBp each.
- The repurchase is part of the buyback program announced on March 20, 2024.
- Post-buyback, the company will have 241,550,120 ordinary shares in issue, with no shares held in treasury.
Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced the buyback of 4,000 ordinary shares, carried out on May 9, 2025, through Stifel Nicolaus Europe Limited. Each share was purchased at a consistent price of 2,161.61 GBp. This transaction is a component of the broader share repurchase program that was unveiled on March 20, 2024.
Following the cancellation of these shares, Endeavour Mining's total number of shares in issuance will stand at 241,550,120, with none retained in treasury. This adjustment maintains the company’s total voting rights at the same figure, which shareholders can utilize for calculations under the FCA's Disclosure Guidance and Transparency Rules.
This strategic move reflects Endeavour's commitment to enhancing shareholder returns and confidence in the company's value. However, the modest scale of the buyback, involving only 4,000 shares, means the immediate impact on the share count and overall market dynamics will be limited.
