Latest Buy Backs News

Flagship Minerals has extended its Rosario Copper Project option by one year and cut the final exercise payment from US$2 million to US$1 million. The revised terms give the company more time to advance Isidora before committing further exploration capital to Rosario.

FAR’s remaining value is tied largely to Woodside’s Sangomar production and oil prices, with up to US$19.8 million still potentially payable after a US$23.7 million provisional receipt. The oil and gas company ended September with US$1.73 million in unaudited cash and no exploration expenditure.

Objective Corporation delivered 9% revenue growth and a 5% lift in net profit for FY2026, but the loss of a long-running Defence agreement and a separate NHVR contract will pressure recurring revenue in the year ahead. Management expects adjusted EBITDA of at least $40 million in FY2027 as it keeps investing in AI, sales capacity and potential acquisitions.

Whitehaven Coal has opened FY27 with a 22% year-on-year jump in managed ROM production, while terminal disruptions pushed equity sales lower and lifted inventories. Costs remained at the low end of guidance, prices strengthened and full-year targets were unchanged.

Temple & Webster is holding to its FY27 EBITDA target of $33 million to $40 million even as revenue fell 8% in the first months of the year. The online retailer says reduced discounting is depressing sales but improving contribution margins, while AI, private-label products and brand investment move from testing into rollout.

Peet delivered record FY26 earnings as its proposed sale to Ingenia moves through the approval process. Profit rose 77% to $103.4 million, while contracts on hand climbed to $850.7 million and the fully franked dividend increased to 13 cents per share.

Karoon Energy more than doubled quarterly production to 2.27 million barrels of oil equivalent as revenue climbed 64% to US$191.6 million. But the SPS-92 electrical fault remains unresolved, while the company balances growth spending, shareholder returns and US$269.2 million of net debt.

Mirvac has held its FY27 earnings and distribution guidance after a resilient first quarter, despite a marked moderation in residential activity. Occupancy remained at 97%, development milestones advanced and roughly three-quarters of the $200 million buy-back was complete by 20 October.

Harmoney has reaffirmed its A$16 million-plus FY27 Cash NPAT target after growing its loan book 9% to A$912 million. The new Australian intermediary channel generated A$7 million in loans within two months, while credit quality and margins remained stable.

Westgold Resources has completed a A$33.3 million infrastructure program at Beta Hunt, where an annualised 2Mtpa mining rate was reached in September. The company is now targeting sustained performance at that rate from Q2 FY27, while warning that the mine’s original life-of-mine ventilation system still requires repair, recommissioning or replacement.

South32 has maintained FY27 production guidance across every operation, while Sierra Gorda delivered stronger copper output and Hermosa cleared a major permitting hurdle. The quarter also exposed a sharp Cannington setback, with zinc-equivalent production falling 27% as paste backfill constraints disrupted mining.

Nordic Resources has agreed to acquire its fourth gold project in Finland’s Middle Ostrobothnia Gold Belt, where historical rock-chip samples returned up to 43.7g/t gold. The early-stage Jukulainen project has attractive surface results, but no drilling has yet tested the mineralisation’s depth, thickness or continuity.