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Insurance Australia Group Limited ( (AU:IAG) ) has shared an update.
Insurance Australia Group Limited reported a substantial increase in its financial performance for the half year ending 31 December 2024, with revenue from ordinary activities rising by 4% to $9,036 million and net profit after tax surging by 91.2% to $778 million compared to the previous year. The company announced an interim dividend of 12.0 cents per share and highlighted that its Dividend Reinvestment Plan will involve acquiring shares on-market without a discount, reflecting a robust operational performance that positions IAG strongly within its market.
More about Insurance Australia Group Limited
Insurance Australia Group Limited operates in the insurance industry, providing a range of insurance products and services primarily focused on underwriting and selling insurance policies in Australia and New Zealand.
YTD Price Performance: 7.74%
Average Trading Volume: 2,786
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.22B
See more insights into IAG stock on TipRanks’ Stock Analysis page.
