Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Insurance Australia Group Limited ( (AU:IAG) ) has issued an update.
Insurance Australia Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The company reported that a total of 1,711,749 securities had been repurchased before the previous trading day, with a further 9,058 shares bought back on the most recent day reported.
The update, dated 16 March 2026, follows the initial buy-back notification lodged on 12 February 2026 and the prior update on 9 March 2026. The continued daily disclosures highlight the active execution of IAG’s capital management program, signalling ongoing efforts to return capital to shareholders and potentially enhance earnings per share through a reduced share count.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$7.50 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 listed general insurance company whose ordinary fully paid shares trade on the ASX under the code IAG. The group provides insurance products and related services, with its shares actively traded in the Australian equity market.
YTD Price Performance: -7.54%
Average Trading Volume: 5,796,121
Technical Sentiment Signal: Hold
Current Market Cap: A$17.15B
Find detailed analytics on IAG stock on TipRanks’ Stock Analysis page.