close
MENU
General Business
5 mins to read

Westpac announces A$3.5b share buyback

The New Zealand subsidiary delivers a 69% rise in statutory net profit.

Maria Slade Mon, 01 Nov 2021

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Westpac announces A$3.5b share buyback
General Business,
89461
true