Whitefield Continues Share Buy-Back Effort
Company Announcements

Whitefield Continues Share Buy-Back Effort

Whitefield Ltd (AU:WHF) has released an update.

Whitefield Industrials Limited has announced an update regarding its ongoing share buy-back program, reporting the repurchase of 300 shares on the previous day, in addition to the 3,856 shares already bought back. The buy-back concerns the company’s convertible preferred securities with a 3.75% interest rate, set to mature on November 30, 2024. This move is part of Whitefield’s strategy to manage its capital and could indicate confidence in the company’s financial health.

For further insights into AU:WHF stock, check out TipRanks’ Stock Analysis page.

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