Nov 4 (Reuters) - Westpac Banking Corp (WBC) said on Monday it would raise A$2.5 billion ($1.73 billion) to cope with stricter capital requirements as regulators look to protect the banking sector from future market volatility.
The capital raising comprises an institutional placement and a share purchase plan, the company said in a statement. ($1 = 1.4459 Australian dollars)
News: WBC Australia's Westpac to raise $1.73 bln to meet capital requirements
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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) ? |
| WBC (ASX) Chart |