NAB Reports Slight Decrease in Controlled Voting Stake in Its Own Shares

National Australia Bank Limited ( (AU:NAB) ) has issued an update.

National Australia Bank Limited has notified the Australian Securities Exchange of the aggregated percentage of its own voting shares over which its associated entities have the power to control voting or disposal, as required under an exemption granted by the Australian Securities and Investments Commission. As at 30 December 2025, NAB had 3,067,522,775 ordinary shares on issue, with its controlled entities collectively able to control voting or disposal of 583,819 ordinary shares, representing 0.0190% of the class, down from 0.0208% reported in October 2025, and with no additional net economic exposure to its own shares. The holdings are primarily managed through JBWere Limited, Bank of New Zealand and CPU Share Plans Pty Limited in their capacities as investment managers or trustees, indicating that NAB’s indirect exposure to its own equity remains small and largely custodial in nature, with minimal implications for control or capital structure.

The most recent analyst rating on (AU:NAB) stock is a Sell with a A$32.56 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 (NAB) is one of Australia’s major banking and financial services institutions, providing retail, business, and institutional banking across Australia and New Zealand. Through subsidiaries such as JBWere, Bank of New Zealand and specialist entities like CPU Share Plans, NAB also offers investment management, wealth administration and trustee services to a broad client base.

Average Trading Volume: 4,032,033

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$129.4B

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