Westpac Banking Ownership

Westpac Banking retains a total of 3.43 Billion outstanding shares. Roughly 99.86 (%) of Westpac Banking outstanding shares are held by general public with 0.14 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as Westpac Banking in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Westpac Banking, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. As of November 27, 2024, Dividends Paid is expected to decline to about 3.5 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 5.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.9 B. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.