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New Hope Corporation Limited (ASX:NHC)

ALERT: Price-sensitive ASX Announcement for NHC
Current share price for NHC : $5.880 0.94 (19.03%)+
Announcement
Release
3 Mar 2026 10:56AM
Price at Release
$4.940
Full Release
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Summary
New Hope Corporation Limited has announced an extension of its on-market share buy-back program until 2 March 2027, subject to market conditions and share price. This buy-back is part of the company's capital management strategy aimed at enhancing shareholder value. The extension does not require shareholder approval and will be conducted under the 10/12 limit permitted by the Corporations Act. The buy-back can be suspended or terminated at any time by the company, and any shares acquired will be cancelled.
Key Points
  • Extension of on-market share buy-back to 2 March 2027
  • Buy-back part of ongoing capital management strategy
  • Conducted under the 10/12 limit of Corporations Act
  • No shareholder approval required for the buy-back
  • Company can suspend or terminate the buy-back at any time
  • Shares acquired in the buy-back will be cancelled
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.