NAB Reports Minimal Indirect Control Over Its Own Voting Shares

National Australia Bank Limited ( (AU:NAB) ) has shared an announcement.

National Australia Bank has disclosed the proportion of its own voting shares over which its associated entities can control voting or disposal, as required under an exemption from Australian securities law. As at 27 March 2026, the group’s controlled entities held or managed 657,670 ordinary shares, representing 0.0214% of the bank’s 3.07 billion issued ordinary shares, with no additional net economic exposure reported.

The filing details how entities such as JBWere Limited, Bank of New Zealand and CPU Share Plans Pty Limited exercise voting or disposal powers in their roles as investment managers or trustees. The modest increase from the previous reported position underscores that NAB’s level of indirect control over its own shares remains minimal, limiting any governance or market impact for shareholders while maintaining regulatory transparency.

The most recent analyst rating on (AU:NAB) stock is a Sell with a A$39.80 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

National Australia Bank Limited is a major Australian financial institution operating in the banking and financial services industry, offering retail, business, and institutional banking products. The bank services customers in Australia and New Zealand, with operations including investment management and trustee services through controlled entities and affiliates.

Average Trading Volume: 4,358,380

Technical Sentiment Signal: Buy

Current Market Cap: A$128.4B

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