Whitefield Industrials to Launch On-Market Buyback for Up to 10% of its Ordinary Shares

MT Newswires Live

08/04

Whitefield Industrials (ASX:WHF) is launching an on-market buyback program for up to 10% of its ordinary shares, according to a Tuesday filing with the Australian bourse.

The company said its share price was AU$4.72 at the close of June, compared with a net asset backing of AU$6.11 per share.

The buyback will start Aug. 19 and run until Aug. 18, 2027.

Whitefield Industrials shares rose 1% in recent Tuesday trade.

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