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The latest announcement is out from Westpac Banking ( (AU:WBC) ).
Westpac Banking Corporation announced the cessation of 908,920 ordinary fully paid securities as part of an on-market buy-back, effective May 12, 2025. This move is part of Westpac’s capital management strategy, potentially impacting its market position by optimizing its capital structure and returning value to shareholders.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$25.80 price target. To see the full list of analyst forecasts on Westpac Banking stock, see the AU:WBC Stock Forecast page.
More about Westpac Banking
Westpac Banking Corporation is a major financial institution in the banking industry, providing a range of banking and financial services primarily in Australia and New Zealand. The company focuses on retail, business, and institutional banking services.
Average Trading Volume: 5,736,032
Technical Sentiment Signal: Buy
Current Market Cap: A$106.7B
For an in-depth examination of WBC stock, go to TipRanks’ Stock Analysis page.