Aug 21 (Reuters) - Whitehaven Coal Ltd WHC.AX:
INTENDS TO SPEND UP TO AN EQUAL AMOUNT OF A$48 MILLION OVER SIX MONTHS TO BUY BACK SHARES
SEES FY26 MANAGED COAL SALES 29.5 – 33.0 MT
SEES FY26 CAPITAL EXPENDITURE A$340 – 440 MILLION
SEES FY26 UNIT COST OF COAL (EXCLUDING. ROYALTIES) A$130 – 145/T
LOWER CAPEX PROGRAM FOR NARRABRI STAGE 3 EXTENSION PROJECT FINALISED
REVISED CAPEX FOR NARRABRI STAGE 3 EXTENSION PROJECT A$260-300 MILLION
ADDITIONAL COST OUT PROGRAMS ACROSS BUSINESS TARGETING FURTHER A$60 - A$80 MILLION RUN RATE OF ANNUAL COST SAVINGS BY FY26 END UNDERWAY
Further company coverage: WHC.AX
((Reuters.Briefs@thomsonreuters.com;))