Westpac announces A$3.5b share buyback
The New Zealand subsidiary delivers a 69% rise in statutory net profit.
Westpac Banking Corporation has launched a share buyback of up to A$3.5 billion, reflecting the economic rebound from Covid-19 and its strong capital position.
The announcement came as the bank reported a 56% lift in New Zealand cash earnings to $1.01b for the 2021 year, thanks to a significant
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