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Westpac Director’s Interest Update: Strategic Share Acquisition

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Westpac Director’s Interest Update: Strategic Share Acquisition

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Westpac Banking ( (AU:WBC) ) has shared an announcement.

Westpac Banking Corporation announced a change in the director’s interest, specifically regarding Debra Hazelton’s indirect interests in Westpac securities. The change involved the acquisition of 1,150 Westpac fully paid ordinary shares through an on-market trade, which reflects a strategic adjustment in the director’s investment portfolio. This update is significant for stakeholders as it indicates a potential shift in the director’s confidence and investment strategy within the company.

The most recent analyst rating on (AU:WBC) stock is a Hold with a A$36.50 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 Australia, providing a wide range of banking and financial services. The company focuses on offering products such as personal banking, business banking, and wealth management services, catering to both individual and corporate clients.

YTD Price Performance: 21.98%

Average Trading Volume: 4,571,526

Technical Sentiment Signal: Buy

Current Market Cap: A$131.4B

Find detailed analytics on WBC stock on TipRanks’ Stock Analysis page.

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