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Whitehaven Coal Limited Updates on Market Buy-Back Program

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Whitehaven Coal Limited Updates on Market Buy-Back Program

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

Whitehaven Coal Limited announced an update on its ongoing on-market buy-back program, revealing that it has repurchased a total of 5,609,605 securities, with an additional 46,817 securities bought back on the previous day. This strategic move is part of the company’s efforts to enhance shareholder value and optimize its capital structure, reflecting positively on its market positioning and stakeholder interests.

The most recent analyst rating on (AU:WHC) stock is a Hold with a A$6.95 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 coal market, providing resources primarily for energy production.

Average Trading Volume: 5,517,409

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.44B

Find detailed analytics on WHC stock on TipRanks’ Stock Analysis page.

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