By Alice UribeSYDNEY--Westpac Banking Corp. said its annual net profit more than doubled and it would seek to buy back shares worth up to 3.50 billion Australian dollars (US$2.63 billion). Westpac said its net profit totaled A$5.46 billion in the 12 months through September, driven by a turnaround in impairment charges and lower notable items.

Source: Wall Street Journal October 31, 2021 21:16 UTC