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Insurance Australia Group Limited ( (AU:IAG) ) has shared an update.
Insurance Australia Group Limited announced a correction to its previously declared dividend distribution, specifying that the unfranked amount per ordinary share is now considered conduit foreign income. This update, which applies to the financial period ending December 31, 2024, impacts stakeholders by clarifying the nature of the dividend income, potentially influencing the tax implications for international investors.
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 general insurance. The company is known for its extensive market reach and is listed on the Australian Securities Exchange under the code IAG.
YTD Price Performance: -6.32%
Average Trading Volume: 2,786
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.39B
Find detailed analytics on IAG stock on TipRanks’ Stock Analysis page.