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Westpac Banking ( (AU:WBC) ) has shared an update.
Westpac Banking Corporation announced an update regarding its ongoing on-market share buy-back program. The latest notification reveals a total of 337,415 ordinary fully paid securities were bought back on the previous day, bringing the cumulative total to 77,984,819 shares. This buy-back initiative is part of Westpac’s strategy to manage its capital efficiently and return value to its shareholders, which could enhance its stock performance and improve its market positioning.
More about Westpac Banking
Westpac Banking Corporation is a major financial services provider in the banking industry, primarily offering a range of financial products and services, including personal banking, business banking, and wealth management. The company is focused on serving individual consumers, small businesses, and corporate clients, predominantly in the Australian market.
YTD Price Performance: -6.95%
Average Trading Volume: 3,538
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $67.43B
Find detailed analytics on WBC stock on TipRanks’ Stock Analysis page.
