Westpac Banking (AU:WBC) has released an update.
Westpac Banking Corporation has disclosed that its controlled entities hold the power to control voting or disposal rights over 0.38% of its total voting shares. This includes shares managed by BT Funds Management and Westpac Financial Services, highlighting the bank’s extensive involvement in managing superannuation funds and investment portfolios. Investors may find this information crucial as it reflects Westpac’s strategic influence over its voting shares.
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