The buyback seems likely to be inequitable to most share holders. This proposal seems like a lesson in how to give away $3.5 billion to benefit a shrinking class of shareholders and not the rest of them and likely not achieve a permanent or even temporary share price rise because of the b it uyback. Just scrap it and declare a special dividend. Tough job giving away billions of dollars so some can achieve losses to offset against the future profits they will of course be making.
Ann: Westpac announces $3.5 billion off-market share buy-back, page-472
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Last
$33.99 |
Change
0.080(0.24%) |
Mkt cap ! $116.2B | |||
| Open | High | Low | Value | Volume |
| $33.90 | $34.00 | $33.65 | $99.58M | 2.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1475 | $33.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.99 | 385 | 1 |
View Market Depth
| Last trade - 16.15pm 07/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |