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The latest announcement is out from Insurance Australia Group Limited ( (AU:IAG) ).
Insurance Australia Group Limited has provided an updated notification on its ongoing on-market share buy-back of ordinary fully paid shares. The filing records that a total of 23,761,761 shares had been repurchased before the previous trading day, with a further 1,510,498 shares bought back on the previous day as part of the program.
The update, dated 11 May 2026, forms part of IAG’s daily disclosure obligations under its buy-back announced in February 2026. The continued execution of the buy-back signals ongoing capital management activity, potentially supporting earnings per share and capital structure efficiency for shareholders.
The most recent analyst rating on (AU:IAG) stock is a Buy with a A$8.70 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 general insurance provider listed on the ASX under the code IAG. It issues ordinary fully paid shares and operates within the insurance sector, returning capital to shareholders in part through on-market share buy-back programs.
YTD Price Performance: -7.15%
Average Trading Volume: 7,179,195
Technical Sentiment Signal: Hold
Current Market Cap: A$17.11B
See more insights into IAG stock on TipRanks’ Stock Analysis page.