tiprankstipranks
Trending News
More News >

New Hope Corporation Updates on Share Buy-Back Progress

Story Highlights

Confident Investing Starts Here:

New Hope Corporation Limited ( (AU:NHC) ) has issued an update.

New Hope Corporation Limited has announced an update regarding its ongoing share buy-back program, with a total of 1,966,397 securities bought back before the previous day and an additional 78,661 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:NHC) stock is a Sell with a A$4.10 price target. To see the full list of analyst forecasts on New Hope Corporation Limited stock, see the AU:NHC Stock Forecast page.

More about New Hope Corporation Limited

New Hope Corporation Limited operates in the energy sector, primarily focusing on coal mining and energy production. The company is listed on the Australian Securities Exchange under the code NHC.

Average Trading Volume: 4,694,281

Technical Sentiment Signal: Hold

Current Market Cap: A$3.09B

For detailed information about NHC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App