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Whitehaven Coal Limited ( (AU:WHC) ) has shared an announcement.
Whitehaven Coal Limited has announced an update on its ongoing on-market buy-back program, with a total of 121,906 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 4,055,071 securities repurchased. This buy-back initiative reflects the company’s strategic efforts to optimize its capital structure and potentially enhance shareholder value, indicating a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:WHC) stock is a Buy with a A$9.75 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 industry, focusing on the production and sale of high-quality coal products. It serves both domestic and international markets, positioning itself as a significant player in the energy sector.
Average Trading Volume: 6,878,895
Technical Sentiment Signal: Hold
Current Market Cap: A$4.62B
For a thorough assessment of WHC stock, go to TipRanks’ Stock Analysis page.