Back in the buyback aisle
Endeavour Mining just went shopping for itself. The gold miner said it bought 40,000 ordinary shares on April 21, 2026 from Stifel Nicolaus Europe Limited, with a volume-weighted average price of 4,868.78 GBp per share.
What happens next?
The company says those shares will be canceled, which means they’re not going back into the market like a boomerang. After the cancellation, Endeavour says it will have no ordinary shares in treasury and 242,175,497 ordinary shares in issue.
Why investors should care
This isn’t a giant, headline-grabbing repurchase. But buybacks still matter because they can quietly boost per-share metrics when a company is generating cash and wants to return some of it to shareholders.
In plain English: fewer shares floating around can make each remaining slice of the pie a little bigger. Big picture: it’s not a moonshot, but it is the kind of capital-allocation move investors tend to like when it comes from a business that can afford it.