Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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.