Whitehaven Coal Updates on Share Buy-Back Progress

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 3,349,393 securities bought back prior to the previous day and an additional 49,836 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a positive outlook on its financial health 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 industry, focusing on the production and sale of high-quality coal products. The company is a significant player in the market, providing energy resources primarily for electricity generation and steel production.

Average Trading Volume: 7,180,112

Technical Sentiment Signal: Hold

Current Market Cap: A$4.81B

For detailed information about WHC stock, go to TipRanks’ Stock Analysis page.