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Westpac Banking ( (AU:WBC) ) has provided an announcement.
Westpac Banking Corporation has completed the redemption of all 16,903,383 Westpac Capital Notes 5, effectively removing them from the market. This action, executed in accordance with a prior redemption notice, involved paying holders $100 per note along with a final distribution of $1.211 per note, fully franked, marking a significant step in Westpac’s financial management strategy.
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 financial services provider in Australia, offering a range of banking and financial products and services. The company focuses on retail, business, and institutional banking, serving a broad customer base across the Australian market.
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.