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New Hope Corporation Limited ( (AU:NHC) ) just unveiled an announcement.
New Hope Corporation Limited has announced a daily update on its ongoing share buy-back program. The company reported buying back 81,849 ordinary fully paid securities on the previous day, adding to a total of 2,183,958 securities repurchased since the program’s inception. This buy-back initiative is part of New Hope’s strategy to manage its capital structure and potentially enhance shareholder value.
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
YTD Price Performance: -21.35%
Average Trading Volume: 4,336,168
Technical Sentiment Signal: Hold
Current Market Cap: A$3.14B
For detailed information about NHC stock, go to TipRanks’ Stock Analysis page.