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Westpac Announces Major Securities Cessation

Westpac Banking (AU:WBC) has released an update.

Westpac Banking Corporation has announced the cessation of over 6 million of its ‘CAP NOTE 3-BBSW+3.70% PERP NON-CUM RED T-07-24’ securities as of July 31, 2024. The exact reasons for the cessation are not detailed, but this move could impact investors and the market’s perception of Westpac’s financial instruments.

For further insights into AU:WBC stock, check out TipRanks’ Stock Analysis page.

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