Whitefield Ltd (AU:WHF) has released an update.
Whitefield Industrials Limited has announced an on-market buy-back of its convertible preference shares, with the latest update revealing the purchase of 92 securities on the previous day, adding to a total of 2,901 shares bought back to date. This move is part of the company’s ongoing efforts to reduce outstanding shares and could potentially signal confidence in its financial stability, which might be of interest to investors.
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