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Westpac Announces Cessation of Over 1.6 Million Securities

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Westpac Announces Cessation of Over 1.6 Million Securities

The latest update is out from Westpac Banking ( (AU:WBC) ).

Westpac Banking Corporation has announced the cessation of 1,643,913 of its ordinary fully paid securities due to an on-market buy-back, effective from January 16, 2025. This move is part of Westpac’s strategic capital management, which may influence its market positioning and could have implications for its shareholders.

More about Westpac Banking

Westpac Banking Corporation is a major financial services company based in Australia, primarily focusing on providing banking and financial services. The company offers a range of products and services including personal, business, and institutional banking, as well as wealth management services.

YTD Price Performance: 0.89%

Average Trading Volume: 3,740

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $69.32B

See more data about WBC stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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