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Westpac Banking ( (AU:WBC) ) has issued an update.
Westpac Banking Corporation has announced an update on its ongoing share buy-back program, revealing that it repurchased 377,650 ordinary fully paid securities on the previous day, adding to a total of 79,077,819 securities bought back so far. This buy-back strategy is part of Westpac’s efforts to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to returning capital to its shareholders and potentially impacting its stock market performance.
More about Westpac Banking
Westpac Banking Corporation is a prominent financial institution in the banking industry, offering a wide range of financial services and products primarily in the Australasian market. It focuses on providing banking, investment, and financial management services to both individual and corporate clients.
YTD Price Performance: 7.35%
Average Trading Volume: 2,811
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $75.57B
For detailed information about WBC stock, go to TipRanks’ Stock Analysis page.
