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Westpac Issues 498,125 Unquoted Share Rights Under Employee Incentive Scheme

Story Highlights
  • Westpac has issued 498,125 unquoted share rights under its employee incentive plan.
  • The move underscores Westpac’s strategy to align staff incentives with long-term shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westpac Issues 498,125 Unquoted Share Rights Under Employee Incentive Scheme

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

Westpac Banking Corporation has notified the market of the issue of 498,125 unquoted share rights under its employee incentive scheme, effective 13 January 2026. These equity awards, which will not be quoted on the ASX, reflect Westpac’s ongoing use of share-based remuneration to align employees’ interests with those of shareholders and support long-term performance and retention within the group.

The most recent analyst rating on (AU:WBC) stock is a Hold with a A$39.00 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 one of Australia’s major banking and financial services institutions, providing retail, business and institutional banking, wealth management and related financial products across domestic and international markets.

Average Trading Volume: 4,255,350

Technical Sentiment Signal: Buy

Current Market Cap: A$133.9B

For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.

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