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National Australia Bank Limited ( (AU:NAB) ) has shared an announcement.
National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back initiative. As of January 28, 2025, the bank has bought back a total of 76,416,278 ordinary fully paid securities, with 198,292 securities purchased on the previous day. This move is part of the bank’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock performance and shareholder confidence.
More about National Australia Bank Limited
National Australia Bank Limited is a major financial institution in Australia, primarily offering banking services and financial products. It is listed on the Australian Securities Exchange under the code NAB and serves a broad market with a focus on personal and business banking.
YTD Price Performance: 6.66%
Average Trading Volume: 1,720
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $75.93B
Find detailed analytics on NAB stock on TipRanks’ Stock Analysis page.
