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Westpac Banking ( (AU:WBC) ) just unveiled an announcement.
Westpac Banking Corporation has notified the market of the issue of 640,065 new ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities. The new shares, dated 31 December 2025, represent the conversion of unquoted options or other convertible instruments into listed equity, modestly increasing Westpac’s share capital and reflecting ongoing utilisation of employee or investor equity incentive arrangements without signaling any major strategic shift.
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 groups, providing retail, business and institutional banking, wealth management and related financial products. Listed on the ASX under the code WBC, it serves a broad customer base across Australia and New Zealand and is a key player in the region’s banking sector.
Average Trading Volume: 4,344,430
Technical Sentiment Signal: Buy
Current Market Cap: A$130.1B
See more insights into WBC stock on TipRanks’ Stock Analysis page.