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Westpac Updates on Share Buy-Back Program
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Westpac Updates on Share Buy-Back Program

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Westpac Banking ( (AU:WBC) ) has provided an announcement.

Westpac Banking Corporation announced an update regarding its ongoing share buy-back program. As of January 15, 2025, the bank has bought back a total of 77,984,819 ordinary fully paid shares. This buy-back initiative is part of Westpac’s strategy to manage its capital structure effectively, potentially impacting shareholder value and the bank’s market position.

More about Westpac Banking

Westpac Banking Corporation is a prominent financial institution operating in the banking industry, offering a range of financial services including retail, business, and institutional banking. It is one of the major banking organizations in Australia, focusing on providing comprehensive banking solutions to its customers.

YTD Price Performance: -4.28%

Average Trading Volume: 3,582

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $69.21B

For detailed information about WBC stock, go to TipRanks’ Stock Analysis page.

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