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Westpac Announces Cessation of Securities in On-Market Buy-Back

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Westpac Announces Cessation of Securities in On-Market Buy-Back

The latest announcement is out from Westpac Banking ( (AU:WBC) ).

Westpac Banking Corporation has announced the cessation of 497,280 ordinary fully paid securities as part of an on-market buy-back, effective from April 2, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning, and reflects its ongoing efforts to optimize shareholder returns.

More about Westpac Banking

Westpac Banking Corporation is a prominent financial services provider in the banking industry, offering a range of products and services including personal banking, business banking, and wealth management. The company primarily focuses on the Australian market and is listed on the Australian Securities Exchange under the code WBC.

YTD Price Performance: -2.24%

Average Trading Volume: 2,952

Technical Sentiment Signal: Hold

Current Market Cap: $66.06B

See more insights into WBC stock on TipRanks’ Stock Analysis page.

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