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
Nov 4 (Reuters) - Westpac Banking Corp (WBC) : ANNOUNCES A...
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$30.14 |
Change
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Mkt cap ! $103.8B | |||
| Open | High | Low | Value | Volume |
| $30.37 | $30.40 | $29.99 | $176.9M | 5.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16637 | $30.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.15 | 414 | 1 |
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