Another one bites the treasury
Endeavour Mining said it bought 40,000 ordinary shares on 23 April 2026 from Stifel Nicolaus Europe Limited, with prices ranging from 4,570.00 GBp to 4,629.00 GBp and a volume-weighted average of 4,601.38 GBp.
Why you should care
This is the classic “we like our own stock better than the market does” move. Once the repurchased shares are cancelled, Endeavour says it will have no ordinary shares in treasury and 242,083,997 shares in issue.
The investor angle
Buybacks don’t magically create new gold or lower mining costs, but they do shrink the pie a bit. And when a miner is willing to spend cash on its own shares, it can hint that management thinks the stock is undervalued — or at least that it has nothing more exciting to do with the cash right now.
Big picture: not a moonshot headline, but a tidy shareholder-friendly move that can help support per-share value if the business keeps humming.