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An update from QBE Insurance Group Limited ( (AU:QBE) ) is now available.
QBE Insurance Group Limited has completed the resale and buyback of US$400 million in Perpetual Fixed Rate Resetting Capital Notes, which have now been cancelled. This move will result in the delisting of the notes from the Singapore Exchange Securities Trading Limited, potentially impacting QBE’s financial structure and market positioning.
The most recent analyst rating on (AU:QBE) stock is a Buy with a A$19.30 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.
More about QBE Insurance Group Limited
QBE Insurance Group Limited is a prominent player in the insurance industry, offering a range of insurance products and services. The company is known for its global presence and focus on providing comprehensive insurance solutions to various markets.
YTD Price Performance: 20.79%
Average Trading Volume: 4,210,785
Technical Sentiment Signal: Buy
Current Market Cap: A$33.99B
For an in-depth examination of QBE stock, go to TipRanks’ Stock Analysis page.
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