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QBE Insurance Group Limited ( (AU:QBE) ) has issued an announcement.
QBE Insurance Group Limited has announced an on-market buy-back of its ordinary fully paid securities, as per its latest notification. This move could potentially enhance shareholder value and optimize the company’s capital structure, reflecting QBE’s strategic focus on maintaining financial flexibility and delivering returns to its stakeholders.
The most recent analyst rating on (AU:QBE) stock is a Hold with a A$20.20 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 global insurance company that provides a diverse range of insurance products and services. The company operates in various markets worldwide, focusing on offering insurance solutions to both individual and corporate clients.
Average Trading Volume: 3,526,042
Technical Sentiment Signal: Buy
Current Market Cap: A$29.65B
See more insights into QBE stock on TipRanks’ Stock Analysis page.