Westpac Banking ( (AU:WBC) ) just unveiled an update.
Westpac Banking Corporation has announced an update on its ongoing on-market buy-back of ordinary fully paid securities. As of the latest update, the company has bought back a total of 85,874,831 securities, with 497,280 purchased on the previous day. This buy-back initiative is part of Westpac’s strategy to manage its capital structure and enhance shareholder value.
More about Westpac Banking
Westpac Banking Corporation is a major financial services company operating in the banking industry. It provides a range of banking and financial services, with a focus on retail, business, and institutional banking. Westpac is a prominent player in the Australian market, offering products such as loans, credit cards, and investment services.
YTD Price Performance: 1.65%
Average Trading Volume: 2,393
Technical Sentiment Signal: Sell
Current Market Cap: $68.6B
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