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Insurance Australia Group Limited ( (AU:IAG) ) has issued an announcement.
Insurance Australia Group Limited has notified the market of the conversion of unquoted securities into 23,920 fully paid ordinary shares, with the issue dated 22 December 2025. The modest increase in ordinary share capital reflects the exercise or conversion of existing unquoted equity instruments, a routine capital management activity that slightly broadens the company’s shareholder base without indicating any major strategic shift.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.45 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
More about Insurance Australia Group Limited
Insurance Australia Group Limited (IAG) is a major general insurance company listed on the ASX, providing a range of insurance products and services, including home, motor and commercial insurance, to customers primarily in Australia and New Zealand.
Average Trading Volume: 5,011,453
Technical Sentiment Signal: Buy
Current Market Cap: A$18.28B
See more insights into IAG stock on TipRanks’ Stock Analysis page.