WEBNF (Westpac Banking) Buyback Yield % : 1.77 (As of Dec. 12, 2024)

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What is Westpac Banking Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Westpac Banking's current buyback yield was 1.77%.

Westpac Banking Buyback Yield % Historical Data

The historical data trend for Westpac Banking's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Westpac Banking Buyback Yield % Chart

Westpac Banking Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Buyback Yield %

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-4.48

0.05

5.22

0.06

1.65

Westpac Banking Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Buyback Yield %	Get a 7-Day Free Trial															0.01	0.13	-	2.01	1.70

Competitive Comparison of Westpac Banking's Buyback Yield %

For the Banks - Diversified subindustry, Westpac Banking's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Westpac Banking's Buyback Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Buyback Yield % falls into.

Westpac Banking Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Westpac Banking's Buyback Yield for the fiscal year that ended in Sep. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-1264.726	+	0)	/	76811.9664
	=	1.65%

Westpac Banking's annualized Buyback Yield for the quarter that ended in Sep. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-651.997	+	0)	*	2	/	76811.9664
	=	1.70%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Sep. 2024) data.

Westpac Banking Buyback Yield % Related Terms

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Westpac Banking Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (OTCPK:WEBNF) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

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Address

275 Kent Street, Sydney, NSW, AUS, 2000

Website

https://www.westpac.com.au

Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.