Whitefield Ltd (AU:WHF) has released an update.
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Whitefield Industrials Limited has announced an update regarding its ongoing share buy-back program, reporting the repurchase of 300 shares on the previous day, in addition to the 3,856 shares already bought back. The buy-back concerns the company’s convertible preferred securities with a 3.75% interest rate, set to mature on November 30, 2024. This move is part of Whitefield’s strategy to manage its capital and could indicate confidence in the company’s financial health.
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