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Whitehaven Coal Limited ( (AU:WHC) ) has shared an announcement.
Whitehaven Coal Limited has announced an update regarding its ongoing buy-back program, with a total of 4,364,047 securities bought back before the previous day and an additional 40,850 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, which may positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:WHC) stock is a Hold with a A$6.25 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.
More about Whitehaven Coal Limited
Whitehaven Coal Limited operates in the coal mining industry, focusing on the production and sale of high-quality coal products. The company is a significant player in the Australian market, providing energy resources to various sectors.
Average Trading Volume: 5,516,392
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.56B
For an in-depth examination of WHC stock, go to TipRanks’ Overview page.