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Westpac Updates on Market Buy-Back Program

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Westpac Updates on Market Buy-Back Program

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

Westpac Banking Corporation has announced an update regarding its ongoing on-market buy-back program. As of March 20, 2025, the company has bought back a total of 84,841,322 ordinary fully paid securities, including 300,774 securities purchased on the previous day. This buy-back initiative is part of Westpac’s strategy to manage its capital efficiently, potentially enhancing shareholder value and maintaining a robust financial position in the competitive banking sector.

More about Westpac Banking

Westpac Banking Corporation is a prominent financial institution in the banking industry, offering a range of financial services including personal, business, and institutional banking. It primarily operates in the Australian market and is listed on the Australian Securities Exchange under the code WBC.

YTD Price Performance: -3.60%

Average Trading Volume: 2,217

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $65.68B

See more data about WBC stock on TipRanks’ Stock Analysis page.

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