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An announcement from Whitehaven Coal Limited ( (AU:WHC) ) is now available.
Whitehaven Coal Limited has announced an update on its ongoing share buy-back program, with a total of 91,425 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 3,050,499 securities repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its robust financial position and confidence in future growth prospects.
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. The company is a significant player in the Australian market, supplying coal to both domestic and international markets.
Average Trading Volume: 7,397,601
Technical Sentiment Signal: Hold
Current Market Cap: A$4.52B
For an in-depth examination of WHC stock, go to TipRanks’ Stock Analysis page.