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ANZ Group Holdings ( (AU:ANZ) ) has provided an update.
ANZ Group Holdings Limited is addressing a legal action initiated by its former CEO, Shayne Elliott, concerning remuneration outcomes for the 2025 financial year. The company’s board decided not to grant short-term variable remuneration to Australian-based Group Executives, except those in acting roles, and adjusted some of Mr. Elliott’s long-term remuneration to zero for 2025 and 2026, in compliance with regulatory standards. ANZ’s Chairman, Paul O’Sullivan, expressed confidence in the board’s decision and stated the company will vigorously defend its position.
The most recent analyst rating on (AU:ANZ) stock is a Buy with a A$39.00 price target. To see the full list of analyst forecasts on ANZ Group Holdings stock, see the AU:ANZ Stock Forecast page.
More about ANZ Group Holdings
ANZ Group Holdings Limited operates in the financial services industry, providing banking and financial products and services. The company focuses on risk management and performance-linked executive remuneration, aligning with regulatory standards.
Average Trading Volume: 5,388,508
Technical Sentiment Signal: Buy
Current Market Cap: A$104.8B
Find detailed analytics on ANZ stock on TipRanks’ Stock Analysis page.