WBC westpac banking corporation

News: WBC Westpac Amends Buy-Back Terms And Extends Timetable

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    Dec 10 (Reuters) - Westpac Banking Corp (WBC) :

    • AMENDS BUY-BACK TERMS AND EXTENDS TIMETABLE
    • BUY-BACK TENDER DISCOUNT RANGE HAS BEEN CHANGED TO 0% TO 10% FROM 8% TO 14%
    • REMAINS COMMITTED TO BUYING BACK UP TO A$3.5 BILLION WORTH OF SHARES
    • AS FUNCTION OF CURRENT SHARE PRICE, SALE PROCEEDS, FRANKING CREDITS THAT ARE DISTRIBUTED TO BUY-BACK PARTICIPANTS ARE POTENTIALLY REDUCED
    • CLOSING DATE FOR TENDER PERIOD HAS BEEN EXTENDED TO 7:00PM (SYDNEY TIME) ON 11 FEBRUARY 2022
    • IF FINAL BUY-BACK DEMAND IS LESS THAN A$3.5 BILLION, CO INTENDS TO COMMENCE AN ON-MARKET BUY- BACK FOR RESIDUAL AMOUNT
    • LOWER SHARE PRICE MAY PROVIDE WESTPAC WITH OPPORTUNITY TO BUY BACK MORE SHARES THAN WAS ORIGINALLY CONTEMPLATED

    ([email protected])

 
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(20min delay)
Last
$33.86
Change
-0.040(0.12%)
Mkt cap ! $115.8B
Open High Low Value Volume
$33.90 $34.16 $33.80 $165.7M 4.886M

Buyers (Bids)

No. Vol. Price($)
1 3 $33.86
 

Sellers (Offers)

Price($) Vol. No.
$33.90 2000 1
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