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New Hope Corporation Ltd

ASX:NHC
A$5.94Close 7 Oct 2026 · delayed

Past year: ▲ 43%(3.82 – 6.03 AUD)

Market cap
A$4.94bn
Shares on issue
832m
Story beats
156 since 2006
Last event
16 Apr 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

3 Mar 2026capital raising announcement▲ Good

The on-market buy-back, begun March 2025, is extended to 2 March 2027. It remains at the company's discretion with no assurance any shares will be bought, and any shares bought are cancelled. No new size is stated.

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18 Mar 2025capital raising announcement▲ GoodMajor

New Hope announced an on-market buy-back of up to A$100m, starting about 1 April 2025 over 12 months, alongside the 19.0c interim dividend. Half-year NPAT A$340.3m; available cash A$805.0m. The board says the share price undervalues its assets.

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14 Dec 2022capital raising announcement● Neutral

New Hope paused its A$300m share buy-back and began buying back its 2.75% convertible notes on market. Notes with A$107.9m face value are said to remain outstanding. No share buy-back will occur while the note buy-back continues.

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2 July 2021capital raising announcement● Neutral

Settlement of the A$200m convertible notes due 2026 has occurred, completing the raising priced on 25 June. The notes are expected to list on the Singapore exchange on 5 July 2021.

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25 June 2021capital raising announcement● NeutralMajor

New Hope priced A$200m of convertible notes due 2026 at a 2.75% coupon. Conversion price is A$2.10, a 25% premium to the A$1.68 reference price. Net proceeds are about A$196m, for general purposes including possible M&A.

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24 June 2021capital raising announcement● NeutralMajor

New Hope launched a A$150m senior unsecured convertible note offering due 2026, upsizable by A$50m, with Jefferies as lead manager. Proceeds are for general corporate purposes, possibly including M&A. Terms depend on a book-build.

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11 Nov 2011capital raising announcement● Neutral

Planet Gas, in which New Hope holds 19.9% via Hueridge, offers a share purchase plan at $0.026 per share, about a 20% discount. Hueridge will subscribe on the same terms to maintain 19.9%. Funds go to coalbed methane and Cooper Basin work.

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7 Apr 2010capital raising announcement● NeutralMajor

WestSide Corporation raised $64.41m to buy Anglo American's 51% of the Dawson coal seam gas fields, with New Hope and EIT backing it. New Hope expects to invest $23.3m for 19.9%, with placements at 55c and a 1-for-1 offer at 45c.

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27 Sept 2007capital raising announcement● Neutral

Target Resource Pacific announced a $165 million entitlement offer, with $120 million to repay project debt, in response to New Hope's takeover plan. New Hope's bid is to be conditional on no share issue, so the offer is a defensive complication; shareholders will vote.

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