Westpac Banking (AU:WBC) has released an update.
Westpac Banking Corporation has updated its buy-back announcement, revealing that it has repurchased over 917,864 of its ordinary fully paid shares in a single day. This move is part of Westpac’s ongoing on-market buy-back strategy, aimed at increasing shareholder value by reducing the number of outstanding shares.
For further insights into AU:WBC stock, check out TipRanks’ Stock Analysis page.