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New Hope Corporation Limited ( (AU:NHC) ) has provided an update.
New Hope Corporation Limited has announced an update on its ongoing share buy-back program, reporting the repurchase of 70,024 ordinary fully paid securities on the previous day, bringing the total to 2,074,498 shares bought back. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.
The most recent analyst rating on (AU:NHC) stock is a Hold with a A$4.20 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 known for its involvement in the extraction and sale of coal, with a market focus on supplying energy resources.
Average Trading Volume: 4,629,703
Technical Sentiment Signal: Hold
Current Market Cap: A$3.11B
See more data about NHC stock on TipRanks’ Stock Analysis page.