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Whitehaven Coal Updates on Share Buy-Back Progress

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Whitehaven Coal Updates on Share Buy-Back Progress

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The latest update is out from Whitehaven Coal Limited ( (AU:WHC) ).

Whitehaven Coal Limited has announced an update on its ongoing share buy-back program, revealing that a total of 7,689,342 securities have been bought back before the previous day, with an additional 65,282 securities purchased on the last trading day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.

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 is a significant player in the market, contributing to energy production and industrial processes.

YTD Price Performance: 16.09%

Average Trading Volume: 5,030,230

Technical Sentiment Signal: Buy

Current Market Cap: A$5.78B

For an in-depth examination of WHC stock, go to TipRanks’ Overview page.

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