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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 91,383 unquoted share rights under an employee incentive scheme, effective 13 January 2026. The additional equity-based awards, which are not intended to be quoted on the ASX, reflect the bank’s ongoing use of share rights to reward and retain staff, further aligning employee interests with shareholder value without immediately diluting the pool of quoted securities.
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 a major Australian banking and financial services group that provides retail, business and institutional banking, wealth management and related financial products primarily in Australia and New Zealand. Listed on the ASX under the code WBC, it serves a broad customer base and is one of the country’s largest banks by assets and market presence.
Average Trading Volume: 4,255,350
Technical Sentiment Signal: Buy
Current Market Cap: A$133.9B
Find detailed analytics on WBC stock on TipRanks’ Stock Analysis page.