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Whitehaven Coal Limited ( (AU:WHC) ) has issued an announcement.
Whitehaven Coal Limited has announced an update regarding its ongoing buy-back program, revealing that a total of 48,558 ordinary fully paid securities were bought back on the previous day, contributing to a cumulative total of 3,209,827 securities repurchased. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to optimizing financial performance and market positioning.
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 mining industry, focusing on the production and sale of high-quality coal. The company is a significant player in the Australian market, providing coal primarily for export to international markets.
Average Trading Volume: 7,316,950
Technical Sentiment Signal: Hold
Current Market Cap: A$4.59B
See more insights into WHC stock on TipRanks’ Stock Analysis page.