Westpac extends share buy-back program to november 2026

Westpac Banking Corporation has updated its on-market buy-back announcement, extending the proposed end date to 10 November 2026. The financial institution intends to buy back up to an aggregate total of AU$3.5 billion of its fully paid ordinary shares. This update was announced on 11 November 2025, following an initial notification of the buy-back on 6 November 2023.

The buy-back is an on-market operation, with Barrenjoey Markets Pty Limited acting as the broker. The consideration for the shares bought back will be paid in Australian Dollars. As of the announcement date, the total number of ordinary fully paid securities on issue in the class to be bought back is 3,420,353,305.

The proposed buy-back is scheduled to commence on 25 November 2025. Westpac does not intend to buy back a minimum or maximum number of securities, nor does the buy-back require security holder approval.