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Westpac Banking ( (AU:WBC) ) has issued an announcement.
Westpac Banking Corporation has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified by the ASX code WBC. As of the most recent daily buy-back notification dated January 22, 2025, Westpac has repurchased a total of 78,547,019 securities, with 22,494 bought back on the previous day. This buy-back strategy is part of Westpac’s efforts to manage its capital structure and potentially enhance shareholder value, reflecting a focused approach in strengthening its market position.
More about Westpac Banking
Westpac Banking Corporation is a prominent financial institution in the banking industry, offering a variety of financial services, including banking and investment products. The company is focused on serving individual and corporate clients, with a significant presence in the Australian financial market.
YTD Price Performance: 0.89%
Average Trading Volume: 3,775
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $68.96B
For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.
