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Westpac Banking ( (AU:WBC) ) just unveiled an announcement.
Westpac Banking Corporation announced the cessation of 16,903,383 securities, specifically the CAP NOTE 3-BBSW+3.20% PERP NON-CUM RED, effective September 22, 2025. This move may impact the company’s capital structure and could have implications for investors and stakeholders, reflecting a strategic decision in managing its financial instruments.
The most recent analyst rating on (AU:WBC) stock is a Hold with a A$36.50 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 major Australian bank operating in the financial services industry. It offers a range of banking and financial products and services, including personal, business, and institutional banking, with a focus on the Australian and New Zealand markets.
YTD Price Performance: 22.20%
Average Trading Volume: 4,662,913
Technical Sentiment Signal: Buy
Current Market Cap: A$131.7B
For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.