Why is Westpac tumbling despite unveiling share buyback?

Westpac Banking Corporation (ASX:WBC) on Monday announced a AU$3.5 billion off-market share buyback. The buyback will be carried out via an off-market tender process which will open on 17 November 2021 and close on 17 December2021. Westpac also announced its earnings for full year 2021. Watch this video to find out more about Westpac’s latest buyout.
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Видео Why is Westpac tumbling despite unveiling share buyback? канала Kalkine Media