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Westpac Banking ( (AU:WBC) ) has shared an announcement.
Westpac Banking Corporation announced the cessation of 70,271 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects on the company’s ability to meet certain conditions tied to its securities.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$34.10 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 services provider in Australia, offering a range of banking products and services including personal banking, business banking, and wealth management. It primarily focuses on the Australian and New Zealand markets.
Average Trading Volume: 4,999,950
Technical Sentiment Signal: Buy
Current Market Cap: A$135B
Learn more about WBC stock on TipRanks’ Stock Analysis page.