Westpac Banking (AU:WBC) has released an update.
Westpac Banking Corporation has announced the successful completion of an on-market buy-back, resulting in the cancellation of 3,878,778 ordinary fully paid securities. This strategic move, effective as of May 16, 2024, reflects the company’s ongoing efforts to optimize its capital structure. The announcement, dated May 22, 2024, underscores Westpac’s proactive approach to shareholder value management.
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