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Westpac Banking ( (AU:WBC) ) just unveiled an update.
Westpac Banking Corporation has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification on January 13, 2025, the bank has bought back a total of 76,472,073 securities prior to the previous day, with an additional 643,548 securities acquired on the previous day. This buy-back initiative is part of Westpac’s strategy to manage its capital structure efficiently, potentially impacting shareholder value positively.
More about Westpac Banking
Westpac Banking Corporation operates in the financial services industry, offering a range of banking products and services. The company is one of the major banks in Australia and focuses on providing financial solutions to both retail and business clients.
YTD Price Performance: 8.82%
Average Trading Volume: 3,593
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $68.71B
For detailed information about WBC stock, go to TipRanks’ Stock Analysis page.
