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New Hope Corporation Limited ( (AU:NHC) ) has issued an update.
New Hope Corporation Limited has announced an update regarding its ongoing on-market buy-back program. As of April 7, 2025, the company reported the repurchase of 164,714 ordinary fully paid securities on the previous day, adding to a total of 545,238 securities bought back prior. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about New Hope Corporation Limited
New Hope Corporation Limited operates in the energy sector, primarily focusing on coal mining and production. The company is listed on the Australian Securities Exchange under the code NHC and is involved in the extraction and sale of coal, catering to both domestic and international markets.
YTD Price Performance: -24.06%
Average Trading Volume: 1,740
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.82B
Find detailed analytics on NHC stock on TipRanks’ Stock Analysis page.