Endeavour Mining PLC’s Strategic Share Buyback

In a series of strategic moves, Endeavour Mining PLC, a prominent gold production company operating in West Africa, has been actively purchasing its own shares. This initiative, part of an ongoing buyback program, has been unfolding over several days in August 2025, with transactions reported on multiple occasions.

Endeavour Mining, listed on the London Stock Exchange and the Toronto Stock Exchange, operates across Senegal, Côte d’Ivoire, and Burkina Faso. The company has been focusing on strengthening its market position and shareholder value through these buyback activities.

Recent Transactions

On August 13, 2025, Endeavour Mining announced the purchase of 15,000 ordinary shares at a price of 2,426.91 GBP per share from Stifel Nicolaus Europe Limited. This transaction is part of a broader strategy to reduce the number of shares in circulation, thereby potentially increasing the value of remaining shares.

Following this, on August 14, the company reported another significant purchase of 20,000 shares at the same price of 2,440 GBP per share. This continued effort underscores the company’s commitment to its buyback program.

The momentum didn’t stop there. On August 15, Endeavour Mining made a smaller yet notable purchase of 6,000 shares, again at 2,440 GBP per share. These transactions, aggregated over the days, reflect a consistent approach to managing its share structure.

Impact and Outlook

The buyback program has led to the cancellation of repurchased shares, reducing the total number of ordinary shares in issue to 241,573,168, with no shares held in treasury. This move is likely aimed at enhancing shareholder value by improving earnings per share and potentially boosting the stock price.

Endeavour Mining’s market capitalization stands at approximately 590 billion GBP, with a price-to-earnings ratio of 17.04, indicating a robust financial position. The company’s strategic share repurchases are a testament to its confidence in its operational capabilities and future prospects.

As Endeavour Mining continues to navigate the dynamic landscape of the gold mining industry, its proactive share buyback strategy positions it well for sustained growth and shareholder satisfaction. For more information, stakeholders can visit the company’s website at www.endeavourmining.com .