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An update from Westpac Banking ( (AU:WBC) ) is now available.
Westpac Banking Corporation has announced an update on its ongoing on-market buy-back program, reporting a total of 88,228,940 securities bought back before the previous day and an additional 120,198 securities bought back on the previous day. This buy-back initiative is part of Westpac’s strategy to manage its capital structure and enhance shareholder value, reflecting the bank’s commitment to optimizing its financial operations and market positioning.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$25.80 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 prominent financial services provider in the banking industry, offering a range of products and services including personal, business, and institutional banking. It is one of the major banks in Australia, focusing on providing comprehensive financial solutions to its customers.
Average Trading Volume: 5,189,462
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$111.6B
For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.