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Westpac Updates Voting Share Control Status

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Westpac Updates Voting Share Control Status

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

Westpac Banking Corporation has announced the aggregated percentage of voting shares controlled by its entities, which stands at 0.27% of the total voting shares issued. This update, in line with an exemption granted by the Australian Securities and Investments Commission, reflects Westpac’s ongoing management of its shareholding structure and its influence over voting rights, which could have implications for its operational control and stakeholder engagement.

The most recent analyst rating on (AU:WBC) stock is a Hold with a A$38.50 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 Australia, primarily offering banking and financial services. The company is involved in managing superannuation funds, institutional investor portfolios, and unit trusts, with a focus on investment management and financial services.

Average Trading Volume: 4,652,691

Technical Sentiment Signal: Buy

Current Market Cap: A$130.6B

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

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