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Westgold Resources ( (AU:WGX) ) has shared an announcement.
Westgold Resources Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under the code WGX. The company reported that a total of 1,504,890 shares had been repurchased before the previous trading day, with a further 25,000 shares bought back on the previous day as part of the program.
The latest filing, dated 6 May 2026, is a daily update to the buy-back first notified in August 2025 and last updated on 5 May 2026. The continued execution of the on-market buy-back indicates Westgold’s active capital management strategy and may signal confidence in its valuation, with implications for share supply, earnings per share metrics, and existing shareholders’ ownership stakes.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$9.70 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
More about Westgold Resources
Westgold Resources Limited is an Australian-listed company operating in the mining sector, with its ordinary fully paid shares trading on the ASX under the code WGX. The company is engaged in resource development and production activities, using capital management tools such as on-market share buy-backs to manage its share base and enhance shareholder value.
Average Trading Volume: 5,210,726
Technical Sentiment Signal: Buy
Current Market Cap: A$5.15B
Find detailed analytics on WGX stock on TipRanks’ Stock Analysis page.