- Endeavour Mining (EDV) repurchased 3,000 ordinary shares on May 21, 2025.
- The shares were bought at prices ranging from 2,138.00 to 2,148.00 GBp, with a volume-weighted average price of 2,142.67 GBp.
- Post buyback, Endeavour Mining will have 241,398,973 shares outstanding with no treasury shares.
Endeavour Mining plc (EDV) has successfully executed a share buyback transaction on May 21, 2025, involving the repurchase of 3,000 ordinary shares through Stifel Nicolaus Europe Limited. The acquisition price per share ranged between 2,138.00 and 2,148.00 GBp, with the average price being 2,142.67 GBp. This move is part of the company's ongoing buyback program that was announced on March 20, 2024.
The completion of this transaction means that Endeavour Mining will no longer hold these shares in treasury, reducing the total number of shares outstanding to 241,398,973. Consequently, this alteration affects the total voting rights within the company, setting the figure for the number of voting rights to 241,398,973. Shareholders may use this number to determine notifications related to changes in their interests in the company under the FCA's Disclosure Guidance and Transparency Rules.
Endeavour Mining remains committed to enhancing shareholder value, and this buyback is a testament to its belief in the company's continued growth and profitability. The buyback not only demonstrates management's confidence in its value but also potentially enhances earnings per share for existing shareholders due to the reduced share count.
