06.05.2024 04:30:20 - dpa-AFX: Westpac H1 Profit Down, Announces Special Dividend; To Buy Back Additional A$1.0 Bln Of Shares

CANBERA (dpa-AFX) - Australia's Westpac Banking Corp. (WBC.AX, WBK) reported
that its profit for first-half of fiscal year 2024 declined to A$3.34 billion or
91.6 cents per share from A$4.00 billion or 107.7 cents per share in the same
period last year.

Net interest income for the period was A$9.13 billion compared to A$9.11 billion
in the prior year. Total non-interest income was A$1.46 billion down from A$1.89
billion in the previous year.

The company said it will pay a 2024 interim ordinary dividend of 75 cents per
share. In addition, it will pay a special dividend of 15 cents per share. Both
the interim ordinary dividend and special dividend will be paid on 25 June 2024
to shareholders on the register at the record date of 10 May 2024.

In addition, the previously announced A$1.5 billion share buyback has been
increased by a further A$1.0 billion.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WESTPAC BKG 854242 Frankfurt 16,598 28.06.24 15:29:01 +0,026 +0,16% 0,000 0,000 16,554 16,572

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