WBC westpac banking corporation

Ann: Westpac announces $3.5 billion off-market share buy-back, page-377

  1. 4,344 Posts.
    lightbulb Created with Sketch. 1221
    if u have a mid term outlook, hopefully the full $3.5bn (about 4% of issued cap) is bought back and eliminated, paving the way for a greater slice of all future earnings. matter of time before we revert back to the $1.60-$2 annual FF divi....at $22, that a super juicy yield when IR is 0.1%.

    better than cash in the bank wouldnt u say (excuse the pun)
 
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