The latest update is out from Westpac Banking ( (AU:WBC) ).
Westpac Banking Corporation has announced an update regarding its ongoing share buy-back program. The latest notification reveals that a total of 362,600 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 83,473,037 securities repurchased to date. This buy-back initiative is part of Westpac’s strategy to manage its capital structure and enhance shareholder value, reflecting the bank’s commitment to returning surplus capital to its shareholders.
More about Westpac Banking
Westpac Banking Corporation is a major financial services provider in Australia, offering a range of banking and financial services including personal, business, and institutional banking. It is one of the ‘big four’ banks in Australia, focusing on providing comprehensive financial solutions to individuals and businesses.
YTD Price Performance: 0.40%
Average Trading Volume: 2,318
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $68.15B
See more data about WBC stock on TipRanks’ Stock Analysis page.
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