New Hope Corporation (ASX:NHC) announced its underlying EBITDA for the financial year 2023, which stands at A$1,750.0 million.

The company also noted an average realised sales price of A$346.7 for the 2023 financial year.

In another significant development, the firm approved a share buy-back scheme, planning to repurchase shares up to a value of A$300 million.

Lastly, the company’s total ROM coal production for the quarter was reported as 2.4 MT, seeing a slight decrease from 2.6 MT Q-O-Q.

New Hope Corporation is an Australian-based diversified mining company.