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Stocks to watch

Stocks of interest at the close of trading on Tuesday, November 26.

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CTX - CALTEX AUSTRALIA - up $4, or 13.4 per cent, to $33.79

Caltex Australia has received an $8.6 billion unsolicited takeover offer from Canadian convenience store operator Alimentation Couche-Tard.

The Caltex board is considering the $34.50 per share cash offer after rejecting an earlier bid of $32 per share as inadequate.

WBC - WESTPAC - up 42 cents, or 1.7 per cent, to $24.86

Chief executive Brian Hartzer is stepping down and chairman Lindsay Maxsted will follow suit as Australia's second largest bank reels from its money laundering and child exploitation scandal.

Mr Hartzer will step down next week and be replaced on an interim basis by chief financial officer Peter King, while Mr Maxsted is no longer seeking re-election at next month's AGM and will retire in "the first half of 2020".

RRL - REGIS RESOURCES - up eight cents, or 1.8 per cent, to $4.62

Chief executive Jim Beyer reaffirmed the goldminer's production guidance of 340,000 to 370,000 ounces at the company's annual general meeting.

BOQ - BANK OF QUEENSLAND - down 50 cents, or 5.8 per cent, to $8.14

Shares in the regional lender resumed trading after a $250 million institutional placement at $7.78 per share, to increase the bank's buffer above APRA's "unquestionably strong" capital benchmark.

SEK - SEEK - up 68 cents, or 3.0 per cent, to $23.10

At its annual general meeting, Seek chief executive Andrew Bassat affirmed the company's FY20 guidance provided in August, although he warned that if macroeconomic conditions deteriorate this might impact Seek's ability to achieve this.