Analysing financial actions taken by Westpac Banking Corporation in relation to its returns to shareholders in the past 5 years. What are the reasons that such actions are taken, and what is the impact of these actions on this company's financial business and structures? Are these actions unique in the market? Support your analysis with evidence from previous academic research. The corporate actions could be the buy-back in 13 June 2013, a Dividend Reinvestment Plan in 19 June 2013 and a acquisition to Lloydes in 11 October.
All essays must include a list of references in academic form using the author-date (Harvard) citation style. All sourced material, including direct quotations, must be appropriately acknowledged.
"The Market Price at which shares will be transferred under Westpac's DRP for the 2013 Interim Dividend and Special Dividend will be $28.94."