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Whitehaven Coal Limited ( (AU:WHC) ) has provided an update.
Whitehaven Coal Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 211,059 securities bought back on the previous day, adding to the 6,261,750 securities acquired before that. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:WHC) stock is a Buy with a A$8.00 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 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 customers.
Average Trading Volume: 5,004,876
Technical Sentiment Signal: Buy
Current Market Cap: A$5.82B
Learn more about WHC stock on TipRanks’ Stock Analysis page.