Australia's Whitefield Industries jumps on buyback announcement

Whitefield Industrials

04/08/2026 05:49

** Shares of Whitefield Industries WHF.AX jump as much as 3.1% to A$4.98, their highest level since May 7
** On track to log its best session since mid-June
** Investment co announces on-market buy-back for up to 10% its shares
** Says shares are currently trading below net asset backing of A$6.11 per share 
** The buy-back will commence on August 19 and end on August 18, 2027
** Down ~10% YTD, including the session's moves
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))