Whitehaven Coal buyback update: 65,440 shares snapped up as dividend date nears
Whitehaven Coal Limited picked up 65,440 shares on March 3, spending A$534,770, according to a Wednesday filing. The company paid between A$8.05 and A$8.25 per share. Since launching its on-market buyback on Feb. 20, Whitehaven has bought 698,009 shares, with the running total now near A$5.5 million. UBS Securities Australia is overseeing the program, which has a ceiling of A$32 million and is due to finish on June 30. Whitehaven’s steady share buybacks are notable, with the company aiming to keep cash flowing to shareholders despite a hit to earnings from weaker coal prices in the first half of fiscal 2026. For the six months through Dec. 31, the miner logged underlying EBITDA of A$446 million, while net debt climbed