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Whitehaven Coal Limited ( (AU:WHC) ) has provided an update.
Whitehaven Coal Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 79,640 ordinary fully paid securities on the previous day, adding to a total of 4,968,221 securities repurchased before that day. This move is part of Whitehaven’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:WHC) stock is a Hold with a A$7.00 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 coal. The company primarily deals with the extraction and distribution of coal, catering to energy markets and industrial sectors.
YTD Price Performance: 6.17%
Average Trading Volume: 5,259,472
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.3B
Learn more about WHC stock on TipRanks’ Stock Analysis page.