Westpac Banking (ASX:WESSWG) 1-Year Share Buyback Ratio: 0.10% (As of Mar. 2026 )

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Westpac Banking 1-Year Share Buyback Ratio?

Westpac Banking ASX:WESSWG 64 1-Year Share Buyback Ratio is 0.10 as of Mar. 2026. GuruFocus rates ASX:WESSWG with a GF Score™ of 64/100. The stock has 4 warning signs investors should review. Among 907 Banks companies, Westpac Banking ranks better than 55.46% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Westpac Banking's current 1-Year Share Buyback Ratio was 0.10%.

ASX:WESSWG's 1-Year Share Buyback Ratio is ranked better than
55.46% of 907 companies
in the Banks industry
Industry Median: -0.1 vs ASX:WESSWG: 0.10

Westpac Banking  (ASX:WESSWG) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Westpac Banking 1-Year Share Buyback Ratio Related Terms


ASX:WESSWG vs JPM, BAC, WFC: 1-Year Share Buyback Ratio Comparison

For the Banks - Diversified subindustry, Westpac Banking's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio 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 1-Year Share Buyback Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Westpac Banking's 1-Year Share Buyback Ratio falls into.



Westpac Banking 1-Year Share Buyback Ratio Calculation

Westpac Banking's 1-Year Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Mar. 2025 )
=(0 - 0) / 0
=N/A%

* 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.

What does a 1-Year Share Buyback Ratio of 0.10 mean?
Westpac Banking (ASX:WESSWG) has a 1-Year Share Buyback Ratio of 0.10 as of Mar. 2026. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Westpac Banking and its competitors. According to the industry distribution chart, Westpac Banking ranks #404 out of 907 companies in the Banks industry, placing it in the top 44.5%.
Is Westpac Banking's 1-Year Share Buyback Ratio too high?
Westpac Banking's current 1-Year Share Buyback Ratio is 0.10. Based on the distribution chart, Westpac Banking ranks #404 out of 907 companies in the Banks industry, which is above the industry midpoint. Overall, Westpac Banking has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's 1-Year Share Buyback Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #404 out of 907 companies for 1-Year Share Buyback Ratio. This puts Westpac Banking in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Share Buyback Ratio for a Banks company?
A good 1-Year Share Buyback Ratio depends on the Banks industry context. However, 1-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Share Buyback Ratio mean?
A high 1-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Westpac Banking and its competitors. Westpac Banking's current 1-Year Share Buyback Ratio is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Westpac Banking (ASX:WESSWG) has a current 1-Year Share Buyback Ratio of 0.10. The current 1-Year Share Buyback Ratio is 0.10. Westpac Banking's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Share Buyback Ratio calculated?
1-Year Share Buyback Ratio is calculated from a company's financial statements. For Westpac Banking (ASX:WESSWG), the current 1-Year Share Buyback Ratio is 0.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westpac Banking Business Description

Address 275 Kent Street, Level 18, Sydney, NSW, AUS, 2000
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.