WBC 0.55% $27.20 westpac banking corporation

News: WBC Westpac Banking Corp Announces Share Purchase Plan To Raise About $500 Mln

  1. 190,391 Posts.
    lightbulb Created with Sketch. 2790

    Nov 4 (Reuters) - Westpac Banking Corp (WBC) :

    • ANNOUNCES A NON-UNDERWRITTEN SHARE PURCHASE PLAN UNDER WHICH WESTPAC IS TARGETING TO RAISE APPROXIMATELY $500 MILLION
    • PROPOSED CAPITAL RAISING INCLUDES A FULLY UNDERWRITTEN $2 BILLION INSTITUTIONAL SHARE PLACEMENT
    • OFFER IS EXPECTED TO ADD ABOUT 46 TO 58 BASIS POINTS TO WESTPAC'S LEVEL 2 COMMON EQUITY TIER 1 CAPITAL RATIO
    • PLACEMENT WILL RESULT IN ABOUT 79 MILLION NEW SHARES BEING ISSUED
    • PLACEMENT WILL BE UNDERTAKEN AT A FIXED PRICE OF $25.32 PER NEW SHARE
    • NEW SHARES UNDER PLACEMENT ARE EXPECTED TO SETTLE ON 7 NOV
 
watchlist Created with Sketch. Add WBC (ASX) to my watchlist
(20min delay)
Last
$27.20
Change
-0.150(0.55%)
Mkt cap ! $94.36B
Open High Low Value Volume
$27.34 $27.34 $27.12 $67.19M 2.470M

Buyers (Bids)

No. Vol. Price($)
2 10000 $27.19
 

Sellers (Offers)

Price($) Vol. No.
$27.20 22090 3
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.