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Westpac Reports Late Director Interest Notification After Inadvertent Share Sale

Story Highlights
  • Westpac reported a late Appendix 3Y for director Philippa Greenwood after an automatic broker sale of 40 shares.
  • The bank is tightening processes to prevent recurrences and reaffirmed compliance with ASX director disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westpac Reports Late Director Interest Notification After Inadvertent Share Sale

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Westpac Banking ( (AU:WBC) ) just unveiled an update.

Westpac Banking Corporation has disclosed a late lodgement of an Appendix 3Y notice relating to director Philippa Greenwood’s change in interests, after 40 Westpac shares were sold on-market on 5 March 2026 by a broker for a KiwiSaver scheme to pay fees without her knowledge. The bank stated it is taking steps to prevent similar incidents and affirmed that it has arrangements in place to ensure directors provide all information needed for full compliance with ASX listing rules on director interest disclosures.

The most recent analyst rating on (AU:WBC) stock is a Sell with a A$34.06 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 institution headquartered in Sydney. It provides retail and business banking, wealth management, and related financial products across Australia and New Zealand, serving consumers, corporates, and institutional clients.

Average Trading Volume: 4,764,537

Technical Sentiment Signal: Buy

Current Market Cap: A$145.5B

For an in-depth examination of WBC stock, go to TipRanks’ Overview page.

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