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Whitehaven Coal Limited ( (AU:WHC) ) has issued an update.
Whitehaven Coal Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 6,751,080 ordinary fully paid securities, with 128,016 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 mining industry, focusing on the production and sale of coal. The company is a significant player in the energy sector, providing coal primarily for electricity generation and industrial use.
YTD Price Performance: 19.07%
Average Trading Volume: 5,054,441
Technical Sentiment Signal: Buy
Current Market Cap: A$5.93B
Learn more about WHC stock on TipRanks’ Stock Analysis page.