WBC westpac banking corporation

News: WBC Westpac Banking Corp Announces Share Purchase Plan To Raise About $500 Mln

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    Nov 4 (Reuters) - Westpac Banking Corp (WBC) :

    • ANNOUNCES A NON-UNDERWRITTEN SHARE PURCHASE PLAN UNDER WHICH WESTPAC IS TARGETING TO RAISE APPROXIMATELY $500 MILLION
    • PROPOSED CAPITAL RAISING INCLUDES A FULLY UNDERWRITTEN $2 BILLION INSTITUTIONAL SHARE PLACEMENT
    • OFFER IS EXPECTED TO ADD ABOUT 46 TO 58 BASIS POINTS TO WESTPAC'S LEVEL 2 COMMON EQUITY TIER 1 CAPITAL RATIO
    • PLACEMENT WILL RESULT IN ABOUT 79 MILLION NEW SHARES BEING ISSUED
    • PLACEMENT WILL BE UNDERTAKEN AT A FIXED PRICE OF $25.32 PER NEW SHARE
    • NEW SHARES UNDER PLACEMENT ARE EXPECTED TO SETTLE ON 7 NOV
 
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(20min delay)
Last
$37.16
Change
-1.410(3.66%)
Mkt cap ! $127.1B
Open High Low Value Volume
$38.30 $38.44 $37.11 $198.7M 5.287M

Buyers (Bids)

No. Vol. Price($)
3 2715 $37.16
 

Sellers (Offers)

Price($) Vol. No.
$37.20 2635 1
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Last trade - 16.10pm 03/09/2025 (20 minute delay) ?
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