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Whitehaven Coal Announces Cessation of Securities

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Whitehaven Coal Announces Cessation of Securities

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Whitehaven Coal Limited ( (AU:WHC) ) has shared an announcement.

Whitehaven Coal Limited has announced the cessation of certain securities, including the cancellation of 1,927,421 ordinary fully paid shares through an on-market buy-back and the lapse of 7,113 performance share rights due to unmet conditions. This move reflects the company’s ongoing efforts to manage its capital structure and may impact its financial strategy and shareholder value.

The most recent analyst rating on (AU:WHC) stock is a Hold with a A$7.25 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 products. The company is a significant player in the Australian market, catering to both domestic and international customers.

YTD Price Performance: 7.49%

Average Trading Volume: 5,224,994

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.37B

See more insights into WHC stock on TipRanks’ Stock Analysis page.

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