Yes, a very mediocre result, when the economy is in full throttle, and if you are a WBC holder, you are grateful for just about anything. Dividend extraordinarily below market forecasts, 72 cents vs 70 cents to previous. Buyback there to support a faltering sp and to enhance the sp based components of the ST and LT incentive plans for the chosen few. Over time the WBC sp will revert to below current once the bb has finalised, but very good not doubt for the executing broker.
WBC Price at posting:
$22.26 Sentiment: None Disclosure: Held
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