Westpac cancels share buyback program

Westpac Bank (AU:WBC) released an update.

Westpac Banking Corporation has announced the cancellation of 2,963,458 fully paid ordinary shares following a market buyback that took place on 28 June 2024. This decision is part of the Company’s capital management strategy and was formally announced on 5 July 2024. Shareholders and potential investors may view this as an effort to enhance shareholder value.

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