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Westpac Banking ( (AU:WBC) ) just unveiled an update.
Westpac Banking Corporation has announced a daily update on its on-market buy-back, reporting the repurchase of 157,376 ordinary fully paid securities on the previous day, adding to a total of 78,322,234 securities bought back prior to this update. This buy-back initiative is part of Westpac’s ongoing strategy to manage its capital structure efficiently, which may positively impact shareholder value by reducing the number of outstanding shares and potentially increasing earnings per share.
More about Westpac Banking
Westpac Banking Corporation operates in the financial services industry, providing banking and financial products and services primarily in Australia and New Zealand. It focuses on retail and business banking, wealth management, and institutional banking services.
YTD Price Performance: 6.74%
Average Trading Volume: 3,530
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $67.84B
See more data about WBC stock on TipRanks’ Stock Analysis page.
