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The latest update is out from Westpac Banking ( (AU:WBC) ).
Westpac Banking Corporation has announced a change in its substantial holding in Pengana Private Equity Trust, reducing its voting power from 7.82% to 6.80%. This shift indicates a decrease in Westpac’s influence within the trust, potentially impacting its strategic positioning and stakeholder interests in the investment scheme.
More about Westpac Banking
Westpac Banking Corporation (WBC) is a major Australian bank operating in the financial services industry. It provides a range of banking and financial services, including personal banking, business banking, wealth management, and investment services. The bank focuses on serving individual consumers, small to medium enterprises, and large corporations, emphasizing its significant presence in the Australian and New Zealand markets.
YTD Price Performance: -0.10%
Average Trading Volume: 2,856
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $70.7B
For detailed information about WBC stock, go to TipRanks’ Stock Analysis page.
