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Endeavour Mining Corporation (EDVMF) is a leading intermediate gold producer operating four mines in West Africa. With a strong track record of production, the company focuses on sustainable growth, operational excellence, and responsible mining practices. Endeavour's recent achievement includes the successful delivery of its first gold in just two years, on budget and on schedule. The company's commitment to safety is evident through zero Lost Time Incidents (LTIs) with over 3.5 million man-hours worked. Endeavour Mining is dedicated to delivering shareholder value, as seen in its Shareholder Returns Programme and non-core asset divestment strategy.
On February 1, 2022, Endeavour Mining plc announced the purchase of 4,500 ordinary shares at a price of CAD 27.57 each, executed by Stifel Nicolaus Europe Limited. This transaction is part of Endeavour's ongoing buy-back program initiated on June 15, 2021. After canceling the repurchased shares, the total number of shares in circulation will be 247,143,022. This change impacts the calculation of voting rights for shareholders under the FCA's regulations. The company continues to focus on sustainable operations in West Africa.
Endeavour Mining has announced the purchase of 10,000 ordinary shares at a price of 27.15 CAD each on 27 January 2022. This buyback is part of the company's previously announced buy-back program from June 2021. Following the cancellation of these shares, Endeavour will have 246,945,722 shares in issue, with no ordinary shares held in treasury. This total is important for shareholders when determining their reporting obligations under FCA's regulations.
Endeavour Mining plc announced the purchase of 10,000 ordinary shares on 27 January 2022, as part of its ongoing buy-back program initiated on 15 June 2021. The shares were acquired at a price of 27.15 CAD per share, resulting in a total of 246,945,722 ordinary shares in circulation post-cancellation. This buy-back is designed to enhance shareholder value and support the Company's stock performance. The transaction was executed through Stifel Nicolaus Europe Limited.
Endeavour Mining announced the purchase of 31,600 ordinary shares on 26 January 2022, as part of its buy-back program initiated on 15 June 2021. All shares were acquired from Stifel Nicolaus Europe Limited at a price of 27.29 CAD per share, resulting in a volume weighted average price also of 27.29 CAD. Following the cancellation of these shares, there will be no shares in treasury, and the total number of ordinary shares in issue will stand at 246,955,722, which will serve as the denominator for shareholder calculations regarding ownership notifications.
Endeavour Mining has announced the purchase of 137,700 ordinary shares at a price of 27.39 CAD each on January 25, 2022. Following the cancellation of these shares, the total number of ordinary shares will stand at 246,987,322. This buyback forms part of a broader buy-back programme initiated on June 15, 2021. These transactions are seen as a move to enhance shareholder value by reducing the number of shares outstanding.
Endeavour Mining announces that its operations in Burkina Faso remain stable and unaffected by the ongoing political situation. As of January 24, 2022, the company's mines and supply chains continue to function normally. Endeavour is closely monitoring the developments and plans to provide future updates as necessary. Additionally, Endeavour is recognized as one of the largest gold producers in West Africa, with a strong operational presence in the region.
Endeavour Mining reported a record gold production of 1.54 million ounces in FY-2021, exceeding its guidance of 1.36-1.49 million ounces, with AISC at approximately $880/oz. The company declared a total dividend of $140 million for FY-2021, including a $70 million dividend for H2-2021, above the minimum commitment of $125 million. Despite absorbing $330 million in net debt from Teranga and distributing $268 million in shareholder returns, Endeavour ended the year with a net cash position of $76 million. The 2022 production guidance is set between 1.4-1.5 million ounces at AISC of $890-940/oz.
Endeavour Mining plc (LSE: EDV) announced the purchase of 15,000 ordinary shares at a price of CAD 27.7964 each on 19 January 2022, part of its share buy-back program initiated on 15 June 2021. Following the cancellation of these shares, the total issued shares will be 246,990,622. This reduction will not leave any shares in treasury, and shareholders can use this number for calculating voting rights under FCA regulations. The transaction was conducted through Stifel Nicolaus Europe Limited.
Endeavour Mining has announced its total voting rights as required by FCA regulations. As of December 31, 2021, the company has 247,487,790 ordinary shares, with 589,500 shares held in treasury. The total number of voting rights stands at 246,898,290. Shareholders can use this number to calculate their interest in the company for FCA reporting purposes. Endeavour Mining is a significant gold producer in West Africa with operations in Senegal, Cote d’Ivoire, and Burkina Faso.
Endeavour Mining has announced the purchase of 23,500 ordinary shares at a price of 27.5535 CAD each on January 18, 2022, through Stifel Nicolaus Europe Limited. Following these transactions, the company will have 247,005,622 ordinary shares in issue, with no shares held in treasury. This buyback program is part of a broader initiative announced on June 15, 2021. The share buyback is seen as a move to enhance shareholder value and could increase demand for shares.