IAG Names UBS as Broker for On-Market Share Buy-Back

An announcement from Insurance Australia Group Limited ( (AU:IAG) ) is now available.

Insurance Australia Group Limited has issued an updated notification to the ASX regarding its previously announced on-market share buy-back of ordinary fully paid shares, originally disclosed on 12 February 2026. The update specifies that UBS Securities Australia Limited has been appointed as the broker responsible for acquiring IAG ordinary shares on the company’s behalf under the buy-back program.

By formally naming UBS as the executing broker, IAG clarifies the operational arrangements for the buy-back, which is part of its capital management strategy and may support its share price and capital efficiency. The notification represents an amendment to the initial disclosure rather than a change in the size or nature of the buy-back, providing greater transparency to investors on how the on-market repurchases will be carried out.

The most recent analyst rating on (AU:IAG) stock is a Hold with a A$7.00 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 is a major general insurance provider listed on the ASX, issuing ordinary fully paid shares under the code IAG. The group focuses on underwriting a broad range of insurance products for personal and commercial customers in Australia and New Zealand, and actively manages its capital structure via market transactions in its own equity.

YTD Price Performance: -15.06%

Average Trading Volume: 5,503,288

Technical Sentiment Signal: Hold

Current Market Cap: A$15.75B

See more data about IAG stock on TipRanks’ Stock Analysis page.