Whitefield Ltd (AU:WHF) has released an update.
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Whitefield Industrials Limited has announced the cessation of a specific class of securities on October 1, 2024, due to an on-market buy-back. A total of 2,962 convertible preference shares with a 3.75% interest rate, due to mature on November 30, 2024, have been cancelled. This strategic move could indicate the company’s focus on optimizing its capital structure.
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