tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Whitehaven Coal Updates on Share Buy-Back Progress

Story Highlights
Whitehaven Coal Updates on Share Buy-Back Progress

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1