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Whitehaven Coal Limited ( (AU:WHC) ) just unveiled an announcement.
Whitehaven Coal Limited has announced an update on its ongoing on-market buy-back program, reporting the repurchase of 173,042 ordinary fully paid securities on the previous day, bringing the total to over 8.2 million securities bought back. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.
The most recent analyst rating on (AU:WHC) stock is a Buy with a A$8.00 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. The company primarily serves the energy sector, providing coal for electricity generation and other industrial uses.
YTD Price Performance: 11.29%
Average Trading Volume: 4,814,533
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.54B
Learn more about WHC stock on TipRanks’ Stock Analysis page.